Bright Futures Funding Dwindling
As state lawmakers begin their final negotiations on a new budget, the Senate has proposed a $291 million Bright Futures program for the academic year that begins in the fall, with the House at $266 million. Both numbers represent a drop from this year’s $309 million Bright Futures budget.
Florida's Bright Futures scholarship program for university and college students has been on the decline in recent years. At its peak, the merit scholarship program - created in 1997 and funded from Lottery proceeds - spent $429 million a year and provided financial support to 179,000 students attending universities, state colleges and vocational centers.