Mich. Admin. Code R. 390.1570
Current through Vol. 24-19, November 1, 2024
Rule 20. A scholarship recipient who is eligible for a renewal scholarship may receive an amount that is more or less than the amount received during the previous year depending upon financial need, but the amount shall not be more than the maximum award for that academic year. In addition, the renewal scholarship recipient shall not receive less than the amount received during the previous year, unless the family financial circumstances or the applicant's financial circumstances have appreciably changed, according to a financial statement approved by the authority, or if the student transfers to a less expensive eligible postsecondary institution.
Mich. Admin. Code R. 390.1570