Current through 2024 Legislative Session Act Chapter 510
Section 3425A - Grant awards(a) An institution shall establish and implement its own procedures to award grants to students who meet the eligibility requirements of this subchapter, subject to appropriations for such purpose.(b)(1) An institution's procedures under subsection (a) of this section must include a procedure to determine priority among students if the amount of grants requested by students who meet the eligibility requirements of this subchapter exceeds the appropriation.(2) An institution's procedure under paragraph (b)(1) of this section may include consideration of financial need and academic achievement.(c) An institution's grant awards may not exceed the available appropriation for each fiscal year.(d) Beginning with the 2018 through 2019 academic year, an institution shall disburse its grant awards as follows: (1) A student who meets the eligibility requirements of this subchapter and who is not receiving any other financial assistance specifically designated for tuition and other regularly assessed fees, not including loans, may receive a grant equal to the full amount of tuition charged by the institution.(2) A student who meets the eligibility requirements of this subchapter and who is receiving other financial assistance specifically designated for tuition and other regularly assessed fees may receive a grant in the amount of the difference between the amount of tuition charged by the institution and the amount of the other financial assistance available to the student.(3)a. If a student meets the eligibility requirements of this subchapter, an institution may renew a grant made under this subchapter.b. Notwithstanding paragraph (d)(3)a. of this section, the total amount of grants awarded under this subchapter to a student over the course of a student's education may not exceed the total amount of grants awarded to a student under Subchapter XIV, Chapter 34 of this title over the course of that student's education.(e) If, as a result of applying for federal and state student financial aid, or through other means, it becomes apparent that deliberate fraud was involved in the application process, the institution may reevaluate the student's eligibility for grant assistance, and may withdraw a grant award. The State may recover a grant award made as the result of deliberate fraud through an action at law.(f) A student may not use grants awarded under this subchapter for courses or other post-secondary units repeated or taken in excess of the requirements for completion of the program credential.Added by Laws 2017, ch. 325,s 1, eff. 7/11/2018.