USBC in October approved final policy revisions for the SMART (Scholarship Management and Account Reporting for Tenpins) program following a process that included proposals in April and an ensuing comment period, as I detailed in this story.
USBC said in April that the policy changes came as the SMART fund had grown from $39 million to more than $96 million since 2010, with recipients using only about $5 million annually. In addition, only 10% of providers have been using...