Each recipient shall notify the board before the deadline listed on the scholarship offer letter as to whether the student will accept the scholarship for the full academic year or a portion thereof. If this information is not received from the applicant by the deadline, the board may withdraw the original scholarship offer.

(Authorized by L. 1989, Ch. 224, Sec. 4; implementing L. 1989, Ch. 224, Sec. 4, 5; effective Feb. 12, 1990.)