Governor David A. Paterson announced 1,209 Leaders of Tomorrow (LOT) Scholarships have been awarded to high school graduates in New York State. The $5,000 scholarships are offered each year to those students in high academic standing who have demonstrated outstanding service to their communities and who are committed to pursuing their higher education in New York State.
"I would like to congratulate all of New York’s high school graduates from the Class of 2009. For the student who is graduating and the proud family watching, there are fewer times in life more exciting than graduation day," said Governor Paterson. "Excellence in education is the key to driving economic opportunity in New York State. By encouraging some of our best students to attend New York’s world class higher education institutions, we not only position the State to be a more attractive place for businesses to compete and prosper, but we also encourage those students to stay in New York past their next graduation in 2013."
Leaders of Tomorrow Scholarships were awarded to student leaders who maintained at least a "B" average and submitted a written essay that demonstrated their strong commitment to community service. All high schools in New York State were invited to submit the names of two graduating seniors for consideration. A selection committee comprised of members of the education community then reviewed candidate applications and selected winners.
The total value of this year’s scholarships as of May 15th was $6.04 million. The $5,000 award is allocated in $625 payments per semester and may be applied to the cost of attendance at any New York State accredited college, university, trade school or community college.
Governor Paterson has made higher education more accessible to New York’s students by creating the New York Higher Education Loan Program (NYHELPs). He announced a $100 million matching grant program for researchers at universities across the State to compete more effectively for Federal research funding and he has created a task force on industry-higher education partnerships to ensure the State’s higher education institutions play a central role in the New York State economy of the future.
This scholarship program is funded by the New York Lottery as an extension of its mission to raise revenue to support education statewide. The Lottery administers the program through its partnership with the New York State Higher Education Services Corporation (HESC) and the University at Albany’s Capital Area School Development Association (CASDA).
Director of the New York Lottery Gordon Medenica said: "Congratulations to the 2009 LOT Scholarship winners. The Lottery is proud to support the efforts of these young men and women, who will shape the future as New York’s next generation of leaders. Hey, you never know!"
President of the New York State Higher Education Services Corporation Dr. James C. Ross said: "We are pleased to partner with the New York Lottery to help administer the Leaders of Tomorrow Scholarship as part of our mission to help students pay for their higher education. Hundreds of thousands of students and parents benefit from New York State’s numerous scholarships and grants developed to make it faster and easier to finance their college education."
A complete list of 2009 Leaders of Tomorrow Scholarship winners is available at www.nylottery.org. For application materials and further information about applying for the 2010 Leaders of Tomorrow Scholarship, students and educators may contact the Capital Area School Development Association at (518) 525-2686.
The New York Lottery contributed over $2.54 billion in fiscal year 2008-09 to help support education in New York State, over 12 percent of total state education funding to local school districts. The Lottery’s ongoing commitment to education also includes the awarding of Leaders of Tomorrow Scholarships to high school students pursuing their higher education in New York State. Since the program’s inception in 1999, the Lottery has awarded more than 11,500 scholarships totaling over $50 million. The New York Lottery continues to be North America’s largest and most profitable Lottery, earning over $36.7 billion in education support statewide since its founding over 40 years ago.