Education officials have set a lofty, but they say attainable goal for the year 2020.

They want 60 percent of Idahoans, ages 25 to 34, to hold some form of college degree or certificate.

To help achieve that, Gov. Butch Otter is requesting $5 million in the state budget for more scholarship opportunities for both students and adults.

Currently there is a lengthy waiting list of qualified applicants but just not enough money in the fund to go around.

If approved, this $5 million would allow for about 1,400 more scholarships to be awarded to Idahoans each year.

Created by Gov. Otter during his first term, the Idaho Opportunity Scholarship Program has $10 million set aside for students who graduated from a state high school and maintain at least a 3.0 GPA.

The maximum amount awarded to a student is $3,500 per year for up to four years.

"It is the signature scholarship for the state of Idaho, it's unique - both merit and need base. For the 2017-2018 academic year, we had about 1,800 students that we had to put on the wait list because we didn't have enough funding," says Matt Freeman, the Executive Director for Idaho's State Education Board.

Along with requesting to add an additional $5 million to the program, the governor is also proposing legislation which would designate 20 percent of the total funds toward Idaho adults who have completed some school but not finished.

"It's about creating the workforce that Idaho employers need, it's about closing our skills gap by bringing students with some college credits back to our certificate associates or bachelor degree programs to finish what they started," Gov. Butch Otter said during his 2018 State of the State address.

"It's critical that we get that population in so we have the educated work force that we need for the state," adds Freeman.

During Monday's Joint Finance and Appropriations Committee meeting, the Idaho Board of Education, which has endorsed Gov. Otter's legislation to designate a portion of scholarships toward adults, was met with some concerns from lawmakers.

"There were questions about what would happen if that legislation didn't pass, what would happen to the $5 million, and the response is that would just go toward the opportunity scholarship," says Freeman.

Otter has been pushing for the past two years to set aside money for adult completed scholarships.

This legislation has yet to have a hearing.