CHARLESTON, WV (LOOTPRESS) – State Treasurer Larry Pack, who serves as Chairman of the Hope Scholarship Board, today released a revised maximum projected Hope Scholarship budget for the 2026-2027 school year. The program is estimated to cost $230,144,341, an $85 million savings from the original estimate of $315,013,760. The revised number was submitted to the West Virginia Department of Education today.

“We will continue to revise numbers as we get better data. Once we hit universal expansion of the Hope Scholarship program, we will know exactly how many students will take advantage of the program,” Treasurer Pack said. “At the end of the day, it’s better to take a cautious approach to our estimates but we always knew this program would never cost as much as some people thought it would.

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