1. (a) Grant applications will be awarded based on the financial need of the applicants.

2. (b) The commission will award increased grant award amounts to eligible applicants who meet either of the following conditions:

   1. (1) the applicants are enrolled as on-time students as defined under AS 14.43.990; or
   2. (2) the applicants are high school graduates described in AS 14.43.915(d).
3. (c) Repealed 2/22/2015.
4. (d) Repealed 2/22/2015.
5. (e) Repealed 4/4/2013.
6. (f) Under AS 14.43.915(d), the commission will annually reserve money for grant awards to graduates from school districts and schools described in AS 14.43.915(d). Grant applicants must indicate eligibility for reserved grant awards not later than June 30 of the first award year in which the applicant applies for a grant from the reserved money. After July I of each year, any amount of reserved money remaining after grant awards have been made to all eligible applicants will be made available for grant awards to otherwise eligible applicants who do not indicate eligibility for a grant award from the reserved money.

(Eff. 2/20/2005, Register 173; am 12/28/2008, Register 188; am 6/24/2012, Register 202; am 4/4/2013, Register 206; am 2/21/2014, Register 209; am 2/22/2015, Register 213; am 8/16/2024, Register 251)

Authority: AS 14.42.030, AS 14.43.406, AS 14.43.915, AS 14.43.405, AS 14.43.415