Each merit scholarship shall be in the amount of up to $5,000.00 per annum and shall be renewable for a maximum of four years, for a maximum total of $20,000.00. All merit scholarship, and renewals thereof, shall be contingent upon funds being available.

Author: Wayne P. Turner

Statutory Authority: Code of Ala. 1975, §§16-47-121 et seq.; 41-22-1 et seq.

Editor’s Note: Rule was previously 550-X-1-.03 and renumbered 550-X-1-.04 as per certification filed May 16, 2006; effective June 20, 2006.

History: Filed September 28, 1982. Repealed and New Rule: Filed October 13, 1994; effective November 17, 1994. Repealed and New Rule: Filed May 16, 2006; effective June 20, 2006.