FEBRUARY 21, 2007

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NSU, OSU provide additional financial aid to Oklahoma's Promise students

Northeastern State University and Oklahoma State University are strengthening their commitments to provide an affordable, quality education through new scholarship programs in conjunction with Oklahoma’s Promise – the Oklahoma Higher Learning Access Program.

“YES! Northeastern – an OHLAP Partnership” is a program providing eligible incoming freshmen with a four-year scholarship to cover tuition and mandatory fees and provide an allowance of up to $500 per semester for additional academic expenses.

OSU's program, “Cowboy Covenant,” will provide for mandatory fees and books for Oklahoma's Promise students.

“Northeastern is committed to providing a quality education at an affordable price,” said Larry Williams, NSU president. “Since its inception, the OHLAP program has granted thousands of students access to higher education. YES! Northeastern is our promise to provide an affordable education for the residents of our state.”

“Thanks to Oklahoma’s forward-thinking OHLAP program, the state has made a commitment to provide tuition assistance to qualifying students,” said David Schmidly, OSU System CEO and president. “Now OSU is making a commitment with Cowboy Covenant, which will make obtaining a degree at OSU even more affordable.”

Oklahoma's Promise will cover the tuition portion of a student’s college education if their family’s income is $50,000 or less and meets other requirements.

The tuition assistance provided by Oklahoma's Promise and the support from YES! Northeastern is worth nearly $18,000 over the four years at NSU. The tuition assistance provided by Oklahoma's Promise and the support from Cowboy Covenant is worth nearly $24,000 over four years at OSU.

During the fall semester, there were 937 students receiving Oklahoma's Promise assistance at NSU, including 310 freshmen. There are 2,054 students enrolled at OSU, including 540 freshmen, who receive Oklahoma's Promise.

Both programs will be available to existing Oklahoma's Promise students as well as incoming freshmen beginning in fall 2007.

Contacts: Sean Michael Kennedy, NSU, (918) 444-2897; Gary Shutt, OSU, (405) 744-6260