PIERRE, S.D. (AP) – Gov. Kristi Noem’s proposal to put $50 million toward a need-based scholarship endowment has cleared its first test in the Legislature.
South Dakota is the only state without a significant scholarship endowment for low-income students.
Noem wants to create a $200 million fund by combining the state money with $150 million from private donors.
Lawmakers have an extraordinary amount of one-time funds after the state used federal coronavirus relief funding to cover the state’s pandemic-related expenses.
A state Senate committee on Monday unanimously recommended the bill’s passage.
One of the prime sponsors of the bill is Senator Lee Schoenbeck of Watertown…