Okla. Admin. Code § 610:25-21-6

Current through Vol. 42, No. 4, November 1, 2024

Section 610:25-21-6 - Administration

(a) The Heartland Scholarship Fund shall be administered by the Oklahoma State Regents for Higher Education.

(b) Trust capital or income remaining in the Heartland Scholarship Fund after scholarships have been awarded to all eligible individuals, if any, shall be transferred to the Chancellor's Scholarship Fund which makes one-time $1,000 awards to graduating high school students demonstrating community service and public leadership.

(c) Trust capital or income remaining after July 1, 2025, in the Heart of the Heartland Scholarship Fund established by the Legislature will be transferred and deposited into the General Revenue Fund.

Okla. Admin. Code § 610:25-21-6

Added at 12 Ok Reg 3588, eff 7-14-95 (emergency); Added at 13 Ok Reg 3077, eff 7-11-96