Older aged college students in Wyoming will soon get a chance to earn scholarship money to work on a degree or a certificate of completion.
House Bill 31 which was signed into law last week by Governor Gordon, created the Wyoming’s Tomorrow Scholarship Program, which is for college students that are at least 24 years of age.
Sheridan College President Doctor Walter Tribley says the scholarship is a way to help older college students who are undergoing a job or career change, those who are undergoing changes on the job, or those who need college courses to move up the corporate ladder.
He adds the creation of the scholarship was backed by the Wyoming Business Alliance.
Dr. Walter Tribley
“They see the community colleges as a key partner to retrain and to train tomorrow’s workforce. Many of those are going to be people that are perhaps working in one industry, that have to then change and go into another industry.”
Funding for the Wyoming’s Tomorrow Scholarship Program will come from an endowment fund, but can’t be awarded to students until the market value of the fund reaches 50-million dollars.
To help boost things along, the new law requires the state auditor to transfer 10-million dollars from the legislature stabilization reserve account, to the endowment fund on July 1st, 2023.
Click here to see the new law and eligibility requirements for the scholarship.
More Like this
Last modified: March 17, 2022