In the state of Florida, high achieving students have been rewarded with a state scholarship called Bright Futures. Funded by the Florida State Lottery since 1997, Bright Futures has been through several reiterations with its peak being in 2009 when it provided scholarships to 39% of Florida high school graduates. The program, since its inception, has solely been based on academic merit and not on financial need. However in 2011 with budget cuts throughout the state, Bright Futures scholarship tightened its requirements by increasing the standardized test scores and grade point average, which only allowed 20% of Florida high school graduates to meet the new requirements. Since then there has been discussion that the state funded scholarship does not go far enough in keeping Florida’s high achieving students in state or reduce the heavy burden of rising tuition costs.