State urged to fund Covenant

Erica Perez:

A new report from a higher education research center says Gov. Jim Doyle’s Wisconsin Covenant program needs to fund the initiative with state money for financial aid if it truly wants to boost enrollment of low-income students.
The program currently guarantees a spot in college for students who maintain good grades and take the right classes in high school, but it doesn’t promise automatic funding.
The privately funded Wisconsin Covenant endowment and Fund for Wisconsin Scholars will use their combined $215 million to offer scholarships that complement the covenant pledge, but that’s not likely enough to cover all the Covenant Scholars’ full need.
“First and foremost, we’d like to see some money, some public money, put toward this goal because up to this point there hasn’t been any sort of state-managed funds,” said Beth Stransky, who co-authored the report by the Wisconsin Center for the Advancement of Postsecondary Education.
The policy brief, issued this week, does not suggest a specific amount for the state to invest. The push comes at a time when Wisconsin faces a two-year, $5.4 billion deficit that is certain to mean cuts for the UW System.
Doyle said he was committed to funding higher education and providing scholarships and financial aid to students who are eligible and do the work, but he wouldn’t give a firm commitment to a dollar figure, or to an increase in Covenant funding for scholarships.