PROMISE Scholarship Recipients More Likely to Stay Local
Written by Your 5News Team
Last updated on January 28, 2014 @ 7:21PM
Created on January 28, 2014 @ 6:21PM
PROMISE scholarships help Mountain State high school students go to college in state by giving them up to $4,750.
But a new study shows they're not just helping students go to school in state. For some reason they're also keeping college graduates in West Virginia.
Researchers looked at grads who stayed in the area the last ten years. They discovered that 43% of all students who got a bachelor degree settled down locally, but 60% of PROMISE scholarship recipients remained Mountain State residents.
Local economic experts claim the results are great news for the state because keeping well educated young adults local is crucial for economic growth and development.
Dr. John Deskins is the WVU Bureau of Business and Economic Research Director. He said, "We don't want our bright, talented, smart, young people to leave the state. We want to keep those people in the state of West Virginia so they can work here, contribute to our state's economy, and make this state a better place."
High school students who achieve a 3.0 GPA, and complete half of their credit requirements in West Virginia, are eligible for the scholarship.
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