College Bound Scholarship.
The College Bound Scholarship (CBS) program was established in 2007 to provide guaranteed four-year tuition to students from low-income families.  The first CBS awards were granted to the graduating high school class of 2012.  Eligible students for the CBS include those who:

• qualify for free or reduced-price lunches in the seventh grade, eighth grade, or in certain circumstances, ninth grade; or
• are independent from parents or guardians, or are receiving extended foster care services; and
  • are in grades 7 through 12; or
  • are between the ages of 18 and 21 years and have not graduated from high school.

A student may also be eligible if they were a dependent who was adopted between the ages of 14 and 18 with a negotiated adoption agreement that includes continued eligibility in the CBS program.

Beginning in the seventh grade, eligible students are automatically enrolled in the CBS by the Student Achievement Council.  Students and parents are notified of the student's eligibility and the scholarship's requirements.  To receive the CBS, a student must graduate from high school with at least a C grade point average, have no felony convictions, and have a family income that does not exceed 65 percent of the state median family income.

The CBS recipients who attend public two-year or four-year institutions of higher education receive an award to cover the cost of tuition and fees, minus any state-funded grant, scholarship, or waiver assistance.  The CBS recipient also receives $500 for books and materials.  The student must maintain satisfactory academic progress and may not receive the scholarship for more than four full-time years.

For CBS eligible students enrolling in a postsecondary education institution for the first time during the 2022-23 academic year, a C grade point average is required only for those students seeking direct admission to a public or private four-year institution of higher education.