- A. Benefits provided through the college assistance program are subject to the availability of funds appropriated by the General Assembly.
- B. Funds appropriated for the college assistance program may be carried forward and expended for the same purpose. If a midyear budget reduction is imposed by the General Assembly or the State Budget and Control Board, the appropriations for the college assistance program are exempt.
- C. Up to five percent of the amount appropriated to the college assistance program may be used to defray administrative costs incurred by the Commission associated with the implementation of this chapter.
Editor's Note
State Register Volume 40, Issue No. 2, Doc. No. 4533, eff February 26, 2016, transferred text from former R 62-263 to this regulation.
HISTORY: Added by State Register Volume 33, Issue No. 3, eff March 27, 2009. Amended by State Register Volume 40, Issue No. 2, Doc. No. 4533, eff February 26, 2016; State Register Volume 41, Issue No. 6, Doc. No. 4730, eff June 23, 2017; SCSR 44-6 Doc. No. 4936, eff June 26, 2020; SCSR 45-5 Doc. No. 4970, eff May 28, 2021.