
Michigan tuition sweepstakes gives 10 students chance to win $50,000 for completing FAFSA
Michigan officials launched a "Ticket to Tuition" giveaway April 16 that will give students pursuing higher education the chance to win up to $50,000 to cover education expenses by completing the Free Application for Federal Student Aid, or FAFSA.
The form unlocks both federal and state support for college-bound students, as well as those headed to career schools. The Michigan sweepstakes will give ten students the chance to win $50,000 and 40 students a chance at $10,000. The cash prize will be held in a Michigan Education Savings Program account for winning students to use to pay for a range of education expenses, including tuition, textbooks and room and board.
"Filling out the FAFSA makes you eligible for tens of thousands of dollars of in-state and federal scholarships, and with today's sweepstakes, you can earn some extra money, too," Gov. Gretchen Whitmer said during a launch event at Eastern High School in Lansing.
The Michigan Department of Lifelong Education, Advancement, and Potential partnered with the Michigan College Access Network — a nonprofit that aims to increase the number of Michigan students that complete college — on the giveaway. Democratic lawmakers in 2024 approved the funds for the incentive program, encouraging students to complete the FAFSA form. The winning funds are already set aside in the current state budget approved in the last legislative session. The funding is one-time, and lawmakers have not decided whether to set aside similar funding again in the next state budget for another sweepstakes in the future.
To enter the sweepstakes, Michigan students and parents must create an account on studentaid.gov to fill out the FAFSA form and then the student must text "CASH" to 855-50K-TICKET or 855-505-8425. Students who have already completed their FAFSA form can also participate by sending the text message. Students can also mail an entry form available at tickettotuition.com and send it to: "Ticket to Tuition Entry, c/o Güd Marketing, 1223 Turner Street, Suite 101, Lansing, MI 48906."
The deadline to enter is May 16.
A random drawing will be conducted in late May. The contest is open to legal U.S. residents living in Michigan who complete the FAFSA form for the first-time to use during the 2025-26 school year.
Michigan Education: Preschool is free for all families in Michigan — but many don't know about it
Whitmer wants to boost the share of Michigan residents who pursue post-secondary education and skills training and has set a goal of reaching 60% of Michigan adults with a skill certificate or college degree by 2030. That share stands at about 52%, according to the most recent data shared by Whitmer from the Lumina Foundation, whose analysis her administration has used to track progress made toward reaching target.
During the sweepstakes launch event, the governor touted the Michigan Achievement Scholarship, which provides financial aid for college and university, and the Michigan Achievement Skills Scholarship, which provides support for a career training program. Whitmer also championed the Community College Guarantee, which provides a tuition-free path for graduating high school students to attend their local community college.
"We don't want any student to leave money on the table," Whitmer said.
Contact Clara Hendrickson at chendrickson@freepress.com or 313-296-5743.
This article originally appeared on Detroit Free Press: Michigan sweepstakes will award 50 students for FAFSA form
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Politico
an hour ago
- Politico
A megabill mess and a crypto conundrum
Presented by Editor's note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day's biggest stories. Act on the news with POLITICO Pro. Quick Fix Congressional Republicans are about to enter a sudden scramble to advance the centerpieces of their financial policy agenda, and it is quickly becoming messy for the leaders of the two committees in charge. A pair of late-night surprises last week injected fresh uncertainty into the path forward for Republicans' cryptocurrency legislation and Senate Banking Chair Tim Scott's proposal for the GOP's 'big, beautiful bill,' with both efforts now in flux entering a pivotal week on Capitol Hill. Let's start with the megabill. Senate Banking Republicans were dealt a major blow last week when a top official in the upper chamber nixed the core pieces of their plan to cut spending as part of the sweeping tax package that represents President Donald Trump's leading legislative priority. Scott's proposals to zero out CFPB funding, slash some Federal Reserve employees' pay, dissolve the Public Company Accounting Oversight Board and cut Treasury's Office of Financial Research are all ineligible for the filibuster-skirting budget reconciliation process Republicans are using to pass their 'big, beautiful bill' without Democratic votes. The ruling from Senate Parliamentarian Elizabeth MacDonough is now an urgent problem for Scott and his members as GOP leaders try to ram the megabill to the floor in the upper chamber this week. The top three cost-savers in Scott's initial proposal are now off the table for committee Republicans, who are required to find $1 billion in cuts over the next 10 years (a tiny fraction of the overall bill). Several smaller parts of their proposal are still standing, including language that would cut all unobligated funds authorized for a green housing program under the Inflation Reduction Act, delay implementation of a Dodd-Frank provision that allows the CFPB to collect demographic data from lenders and sweep all unused funds from the Securities and Exchange Commission's Technology Reserve Fund. Republicans could seek to salvage some of the axed proposals by scaling them back. Senior GOP members of the Banking panel expressed confidence prior to the parliamentarian's ruling that a narrower cut to the consumer bureau would be able to pass muster if Scott's initial plan didn't fly. 'I would expect we'll find a few billion that will be Byrdable,' said Sen. Kevin Cramer, referring to the so-called Byrd rule that limits what can be included in a reconciliation bill to measures aimed at changing spending or revenue — not policy. Scott said in a statement last week that he remains 'committed to advancing legislation that cuts waste and duplication in our federal government and saves taxpayer dollars.' Changes to the plan will need to come together quickly in the coming days. Republican leaders hope to produce full bill text as soon as today, two people with knowledge of internal deliberations told our Jordain Carney, with the parliamentarian issuing final rulings by the end of Tuesday and a first procedural vote later in the week. While most eyes on Capitol Hill remain fixed on the Senate's broader megabill scramble, there's another drama brewing in the lower chamber over a different part of Trump's agenda: crypto policy. House Republican leaders including Financial Services Chair French Hill are under pressure from Trump and top GOP senators to pass a Senate-approved crypto bill in the coming weeks that would create new rules for dollar-pegged stablecoins. Trump posted on social media last week that the House should 'move LIGHTNING FAST, and pass a 'clean'' version of the legislation — 'NO DELAYS, NO ADD ONS.' But it seems increasingly unlikely that House Republicans, who have their own stablecoin legislation, will want to rubber-stamp the Senate's proposal. Hill spokesperson Brooke Nethercott said last week that the Arkansas Republican looks 'forward to continued collaboration with our members and House leadership as we work toward a path forward' — hardly a warm reception to Trump's demand. It's easy to see why approving the Senate's so-called GENIUS Act isn't appealing to Hill and other House Republicans. 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If the House doesn't go along, it could open up a rift between Scott and Hill — who love to tout their collaboration — and, more importantly, anger the Trump team. Some in the Senate hope the Trump factor could put pressure on House Speaker Mike Johnson to take the matter into his hands — and do what the president wants. IT'S MONDAY — Send megabill, crypto and Capitol Hill tips to jgoodman@ Sam Sutton is back this week from a much-deserved break. Send MM tips and pitches to him at ssutton@ Driving the Week Monday … Federal Reserve Vice Chair for Supervision Michelle Bowman speaks about the 'effectiveness of monetary policy during and after the Covid-19 Pandemic' at the International Journal of Central Banking Conference at 10 a.m. … Existing home sales data is out at 10 a.m. … Chicago Fed President and CEO Austan Goolsbee speaks at a Milwaukee Business Journal event at 1:10 p.m. … House Financial Services Chair French Hill speaks at a Brookings Institution discussion about his committee's agenda at 1:30 p.m. … Fed Governor Adriana Kugler speaks at a New York Fed discussion at 2:30 p.m. … Tuesday … Federal Reserve Chair Jerome Powell testifies before House Financial Services at 10 a.m. … The Conference Board's consumer confidence index is out at 10 a.m. … The House Small Business Committee holds a hearing on 'Securing America's Mineral Future' at 10 a.m. … House Financial Services holds a member day hearing at 2 p.m. … The Sfenate Banking Committee holds a hearing on crypto market structure legislation at 3 p.m … The Urban Institute holds a discussion on 'The Past, Present, and Future of Credit Scores in Housing Finance' at 3 p.m. … The Kansas City Fed holds a virtual discussion on 'the current state of the agricultural economy and future prospects' at 4 p.m. … Wednesday … The Bitcoin Policy Institute holds its 2025 policy summit with speakers including White House crypto advisor Bo Hines, Sen. 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But Hegseth laid out no plans for avoiding a deeper escalation should the country retaliate and said officials didn't yet know the full extent of the damage. —As our Victoria Guida told you in this space on Friday, the conflict in Iran could have economic consequences. In the immediate, Bloomberg reports that U.S. equity futures dropped early Monday in Asia as oil prices climbed: 'The price action reflected typical risk-off positioning, though the moves moderated larger swings when markets initially opened in a sign traders are waiting for further signs of escalation in the conflict.' —One major question looming for energy markets is whether Iran will respond by closing the Strait of Hormuz, a channel through which about a fifth of the world's oil passes. 'Any attempt to close the strait, which connects the Persian Gulf to the Gulf of Oman, would most likely send oil prices soaring,' Rebecca F. Elliott writes in the NYT. It would also inflict severe economic damage in Iran because nearly all of the country's oil exports move through the channel. —For more on the conflict, read Nahal Toosi's 'Compass' column, in which she writes that 'Trump's decision to bomb Iran's nuclear sites this weekend is the latest sign that he's now in a phase where he's willing to take enormous risks with little concern about the blowback.' Taxes Accounting tricks — Tax legislation recently unveiled by Senate Republicans only costs $441 billion when tallied using a novel accounting method requested by the GOP, our Benjamin Guggenheim reports. The new estimate by the Joint Committee on Taxation, which was released late Saturday night, shows how Senate Republicans were able to slash the costs of sweeping tax legislation set to be included in the GOP's sweeping megabill by using a 'current policy baseline' — a never-before-used technique that wipes out the cost of extending existing tax cuts that are set to expire at year's end. 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Chicago Tribune
3 hours ago
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Editorial: Want to know how a socialist mayor would govern New York City? Ask Chicago
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The Hill
3 hours ago
- The Hill
GOP leaders face internal pushback, doubts on ‘big beautiful bill' vote
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The cross-cutting criticisms from different parts of Thune's conference, combined with the tight timetable, has many observers doubting the Senate will get to the promised vote this week. 'I think it's highly unlikely at this point that we vote on this thing by July 4. I think there is too much work to do. Too many people have to many ideas to come to the finish line to this process. I don't see a way to hold a vote that gets 51 before the Fourth of July,' a Senate GOP aide told The Hill. Senate Republicans crossed an important hurdle Saturday when they received a report from Joint Committee on Taxation scoring the extension of 26 provisions of the expiring 2017 Trump tax cuts as a continuation of 'current policy' that should not be counting as adding to future deficits. If the score survives review by the Senate parliamentarian, it would allow Republicans to make Trump's 2017 marginal tax cuts permanent. Sen. Jeff Merkley (D-Ore.), the ranking member of the Budget Committee, accused Republicans of using a 'budget gimmick' and 'smoke and mirrors' to obscure what he said would be $4 trillion in new debt created by extending the 2017 tax provisions. Senate Republicans and Democratic aides were scheduled to present arguments to the parliamentarian over the weekend on the portion of the bill that covers the extension of the 2017 tax cuts, new tax relief, renewable energy tax credits and Medicaid cuts. Democrats scored a victory Sunday when Parliamentarian Elizabeth MacDonough ruled against a provision tucked into the bill by House Republicans that would severely limit the ability of courts to find Trump administration officials in contempt for failing to comply with injunctions or other court orders. The language would have required a plaintiff seeking an emergency court order or preliminary injunction against the administration to pay a costly bond up front, limiting the scope of legal action against Trump's executive actions. Senate Democratic Leader Chuck Schumer (N.Y.) hailed the ruling Sunday, asserting the language would have let Trump 'ignore court orders with impunity' if it became law. Democrats have had success knocking several other key provisions out of the bill, such as a proposal to cut funding for the Consumer Financial Protection Bureau, which would have eliminated the agency Democrats set up in the wake of the 2008 financial crisis. Democrats also got the parliamentarian to rule against language cutting pay and benefits at the Federal Reserve and eliminating the Public Company Accounting Oversight Board. Over the weekend, changes to the SNAP program designed to make states pay for more costs were also ruled out, a decision that could actually help the bill with centrist GOP senators like Lisa Murkowski of Alaska and Susan Collins of Maine. Another wildcard is opposition from House Republicans from New York, New Jersey and California over language in the Senate bill to permanently set the cap at state and local tax (SALT) deductions at $10,000. House GOP lawmakers in the SALT caucus say the Senate's disdain for a deal they struck with Speaker Mike Johnson (R-La.) to raise the cap to $40,000 is a deal-breaker. Sen. Markwayne Mullin (R-Okla.) told reporters last week that many items in the bill remain under discussion. He said that Senate Republican leaders want to negotiate a deal on the SALT cap with House Republicans before the legislation comes to the floor so they can be assured that whatever passes the Senate could also pass the House. Sen. Jon Husted (R-Ohio) said Friday that the bill appears on track to 'get accomplished next week.' 'Everybody should become prepared to get the job done,' he said. He said that Senate GOP negotiators 'are working through the rural hospital issues' and have a 'goal to make sure that those issues are addressed.' But a Senate GOP source familiar with the talks to resolve the Medicaid issue said they're making slow progress. 'They know that this is a problem and it's a live wire,' the source said of the impasse over Medicaid funding cuts. Collins says she wants to make 'many changes' to the bill and has floated the idea of creating a health-care-provider relief fund to help rural hospitals, nursing homes and community health centers that would be affected by funding cuts. Even so, Sen. Josh Hawley (R-Mo.) has raised concern about requiring lower-income Americans to pay higher copays for medical treatments and Murkowski has warned that stricter work and eligibility requirements will be difficult to implement in Alaska. Republican senators and aides are expressing strong skepticism that Thune will be able to round up the 50 votes he needs to pass the bill by the end of this week. Senate Republicans control a 53-seat majority and can afford only three defections and still pass the bill as Vice President JD Vance would cast a tie-breaking vote. Johnson, the Wisconsin fiscal hawk, told reporters this week there's 'no way' the Senate bill gets done by July 4. He said that he, Scott and Lee are willing to hold up the bill into they get concessions on bigger spending cuts. Johnson wants Thune to commit to moving a second package of spending cuts using the budget reconciliation process before the 2026 midterm elections. And he is demanding a 'forcing mechanism' to force such a bill to the floor. One proposal would be to split up the $5 trillion debt-limit increase into two smaller expansions of borrowing authority to force GOP lawmakers to debate another round of spending cuts next year. 'What's going to force us to come back and do this again?' Johnson said. 'They're starting to talk about it,' referring to the latest talks with Thune about additional deficit reduction. Johnson said Thune 'at this point' needs his vote because he hasn't locked down the votes of senators concerned about Medicaid cuts, such as Collins, Hawley and Murkowski. 'This is too soon,' he said of a vote on the bill next week. 'The ball's been in the Senate's court for two weeks… . We need time to look at this.'