<p>"Only one-third of students who entered the University of Memphis with the Hope Lottery Scholarship in 2004 managed to keep it by 2006.</p>
<p>That's according to a report compiled by the Tennessee Higher Education Commission, who surveyed colleges statewide and calculated that 64 percent of Tennessee's lottery recipients in 2004 lost their awards by fall 2006. </p>
<p>These numbers came as no surprise to the U of M scholarship office, which anticipated that about two-thirds of students would lose their scholarship within two years, according to Patrick Perry, associate director of financial aid at the U of M.</p>
<p>"We looked at the experience in Georgia and anticipated that a large number of students would lose their money," Perry said, adding that since the scholarship was introduced in the fall of 2004, U of M has had a number of programs in place to warn students of those bleak statistics.</p>
<p>While the average high school GPA of incoming freshmen at the U of M is a 3.13, the average GPA of a U of M undergraduate is a 2.82, meaning average students don't meet the lottery's criteria. The current minimum GPA required to maintain the scholarship is 2.75 the first year and 3.0 after...</p>
<p>Perry said grades during the freshman year are often the clincher -- if students can make it through their first year with good grades, they have a better chance of keeping the money throughout college, he said.</p>
<p>The average GPA of a U of M graduate this past year was a 3.03, meaning students who persist to their final year pull up their grades.</p>
<p>Georgia Barry, a guidance counselor at Whitehaven High School, said a drop in grades the freshman year is to be expected -- the adjustment to college means a readjustment of study habits and expectations. In high school, students are given multiple opportunities to bring up struggling grades.</p>
<p>"There are no makeup days and no extra credits in college," Barry said. "Students often have a difficult time adjusting to newfound independence."</p>
<p>Barry warns her graduating seniors to keep up their grades from the get-go because a bad start can be hard to overcome.</p>
<p>"Students also need to have another funding source in mind in case they lose the money," she said.</p>
<p>Losing the scholarship doesn't lead to the end of higher education for the majority of students, according to George Malo of the Tennessee Board of Regents, U of M's governing board.</p>
<p>Malo said 70 percent of the students who lost the scholarship in 2004 returned to campus in 2005.</p>
<p>"The number of people who came back even without the scholarship is surprising," Malo said. "Institutions are looking at ways to repackage scholarships so that students still have the opportunity to attend college." "</p>