- (a) The amount of a grant award is determined solely in the discretion of the Board. The Board is not required to fund a grant in the amount requested by the Applicant. Maximum grant awards are based on an applicant’s population or enrollment as established by the Board for each round of grant funding.
- (b) The total population or enrollment for applicants that are public trusts solely benefiting one or more eligible participants shall be eligible based on the subdivision(s) they benefit. If a public trust benefits more than one type of political subdivision, the public trust will be eligible for maximum available funding under the tier appendix for which the majority of its beneficiary-political subdivisions are.
- (c) A public trust’s population or enrollment will be limited to the population or enrollment of the subdivision(s) that the public trust benefits as set forth in the declaration of trust or trust indenture.
- (d) An interlocal cooperative formed under title 70 of the Oklahoma Statutes that is determined to be a local educational agency will be considered a school district, as that term is defined in 51 O.S. § 152.
Added at 41 Ok Reg, Number 13, effective 2-9-24 (emergency)
Added at 41 Ok Reg, Number 21, effective 7-25-24
Amended at 42 Ok Reg, Number 20, effective 7-11-25