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1:38 South Dakota is launching its first need-based scholarship program after a $50 million gift from PREMIER Bank and T. Denny Sanford. It’s the beginning of a $200 endowment. Before Wednesday’s announcement, South Dakota was the only state in the nation without a scholarship program for students from low-income families. Miles Beacom is the CEO of PREMIER Bankcard. He encourages other businesses to contribute to the fund. “The goal of the need-based scholarship is to raise $200 million dollars for the endowment. But we raise 200-million in the endowment, that will take care of need-based scholarships forever.” The scholarship is available to students attending any of South Dakota’s six public universities, as well as Augustana University and the University of Sioux Falls

South dakota state universitySouth dakotaUnited statesT denny sanfordBarry dunnKristi noemUniversity of sioux fallsAugustana universityDakota community foundationDakota state universityDakota state university president barry dunnSouth dakota community foundationதெற்கு டகோட்டா நிலை பல்கலைக்கழகம்தெற்கு டகோட்டாஒன்றுபட்டது மாநிலங்களில்டி டென்னி சான்ஃபோர்ட்