"spend it on education for all of our students not just the well-off children"  I have a niece and a nephew who benefited from this program.  They both graduated high school with above a 4.0, are not rich, they just worked very hard and earned a tuition break.  My nephew graduated with a degree in computer science, works in Anchorage as supervisor, my niece is in her first year at UAA. This scholarship program supports exceptional kids and Alaska benefits from a stronger workforce.