"Although this is very early data, we are pleased to see that our inaugural class of Millennium Scholars is doing so well," said Dr. Jane Nichols, chancellor of the University and Community College System of Nevada. "Nearly two years ago, many of these students didn't think a college education was within their grasp. Clearly, this scholarship program is already making a difference."

The report, which was compiled by the Office of the State Treasurer, revealed that Millennium scholars at Nevada's community colleges maintained a 78 percent retention rate compared to a 52 percent national average among public two-year institutions. Scholarship holders at the two universities had a 75.3 percent retention rate compared to a 71 percent national average among public four-year institutions.

"We are pleased by the rate of retention, particularly for the inaugural year of the program," said Chancellor Nichols. "However, as a System, we need to look at our retention efforts to ensure we are making every effort to help these students excel."

Students who lost eligibility by not maintaining a 2.0 grade point average are required to repay their scholarships. These students can regain their eligibility by continuing their education (at least six credits per semester at a UCCSN community college or 12 credits per semester at a UCCSN university) during the spring semester and bringing their cumulative G.P.A. up to at least a 2.0.

More information about eligibility requirements and repayment options can be obtained from the Millennium Scholarship Office at (702) 486-3817.