In 1999, Governor Kenny Guinn’s Millennium Scholarship initiative was enacted into law by the Nevada Legislature; the legislation (NRS 396.911) created the Millennium Scholarship trust fund to be administered by the State Treasurer.
[1] Although there are a number of pathways to the Millennium Scholarship, by far the most common will be the successful completion of a rigorous program of study at a Nevada high school.
The scholarship was created using the money that Nevada received from the Tobacco Master Settlement Agreement.
[2][failed verification] Currently, the scholarship allows up to $80 per credit hour for eligible students with a total lifetime value of $10,000.
[3] Nevada Treasurer's Fact Sheet on the Scholarship [1] This article relating to education in the United States is a stub.