Kathie Bracy to Damon Asbury: Scholarships highly commendable, but what about ORC 3307.15?

From Kathie Bracy, April 22, 2007
Subject: Fwd: STRS scholarship?
Damon --

What can you tell me about this scholarship? When was it created? Who initiated it, and who approved it? Where does the funding come from? How much is each scholarship worth? What is the total amount that has gone into the scholarships?

I am not against scholarships, by any means, but if this one comes from retiree funds without retiree knowledge or approval, I need to know how it complies with ORC 3307.15, particularly in view of the fact that STRS is officially supposed to be taking care of educators after their careers, not before. To me, scholarships are a totally separate issue; highly commendable and desirable, but only when handled properly, like everything else.

Thanks.

Kathie Bracy

[Click here to view column re: scholarships awarded recently at Youngstown State University. Scroll down almost 2/3 of the way to view current STRS scholarship award.]