If available money is not sufficient to fund all eligible applicants, loans will be awarded in accordance with the following priority:
- (1) applicants who received a teacher education loan the preceding year;
- (2) one new applicant, ranked by high school grade-point average, from each school district;
- (3) remaining new applicants ranked by highest number of years enrolled in a teacher education program, with students who are in a teacher certification program ranked first.
(Eff. 8/16/86, Register 99)