Section 18-1402 - Funding.
§ 18-1402. Funding.
(a) Allocation.-
(1) Funds for the Part-Time Grant Program shall be allocated by the Commission to each institution of higher education based upon the number of undergraduate part-time students with demonstrated financial need who are enrolled in degree-granting programs at the institution.
(2) An institution of higher education may use up to 10% of the part-time grant allocation to provide grants to students who are enrolled in at least 3 but less than 6 semester hours of courses each semester.
(b) Use of part-time grant allocation.- In addition to the funds provided under § 18-14A-02(b) of this title, institutions may use up to 10% of the part-time grant allocation to provide grants to students who are dually enrolled.
(c) Funding.- Funds for the grant program for part-time students shall be as provided in the annual budget of the Commission by the Governor.
[1991, ch. 462, § 5; 2009, chs. 431, 459.]