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
Ala. Admin. Code r. 550-X-2-.04
Rule was previously 550-X-1-.03 and renumbered 550-X-1-.04 as per certification filed May 16, 2006; effective June 20, 2006.
Statutory Authority:Code of Ala. 1975, §§ 16-47-121etseq.; 41-22-1etseq.