Rule 5. An applicant is eligible for a tuition grant award if the applicant's financial resources, including the cash or equivalent resources of the applicant's parents that are available for the applicant's higher education, as computed in accordance with the criteria utilized in the state competitive scholarship program authorized by Act No. 208 of the Public Acts of 1964, as amended, being S390.971 et seq. of the Michigan Compiled Laws, shows a monetary need for a tuition grant.
Mich. Admin. Code R. 390.835