Home News In The Media Nevada News Bureau - Nevada Officials Pleased With Sandoval’s Funding Of Millennium Scholarship

Nevada News Bureau - Nevada Officials Pleased With Sandoval’s Funding Of Millennium Scholarship

January 26, 2011
By Sean Whaley

CARSON CITY – State officials said today they are pleased that Gov. Brian Sandoval has proposed continuing the Guinn Millennium Scholarship program in his budget, including a one-time infusion of $10 million from the general fund to keep it solvent through 2016.

“I was pleased to see that,” said Senate Majority Leader Steven Horsford, D-Las Vegas, in a budget hearing today.

Sandoval received a standing ovation during his State of the State speech Monday when he said the scholarship, named after the late Gov. Kenny Guinn, is continued in his budget. The program has been in jeopardy because of budget cuts and revenue shortfalls. Guinn established the scholarship during his first term as governor.

The Legislature must still approve the funding when the 2011 session convenes Feb. 7.

State Treasurer Kate Marshall, whose office manages the scholarship funds, also expressed appreciation to Sandoval for his support of the program. Read the full article here.

About Kate

nv marshallk10 092Kate Marshall was born on July 22, 1959 in San Francisco. At a very young age, Kate understood the importance of education. Her family could not afford to send her to quality primary and secondary schools, much less pay for college, so she worked in her high school bookstore before and after...Read more...

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Returning Unclaimed Property to Rightful Nevada Owners

Under Kate Marshall, the Unclaimed Property Division has transferred approximately $189 million to the Nevada General Fund, which is an increase of more than 140% over Kate's predecessor.  Since 2005, Treasurer Marshall has increased the amount of money returned to Nevadans from unclaimed property by 160% to $20.6 million, and still been able to make the largest unclaimed...

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