Okla. Admin. Code § 610:25-37-4

Current through Vol. 42, No. 8, January 2, 2025

Section 610:25-37-4 - Fiscal Aspects of the Program

(a)Fund Establishment. The State Regents are allocating one-time funds in the amount of $100,000 to establish the Chancellor Glen D. Johnson Scholarship in Leadership and Public Service fund.

(b)Donations. Private donations to the Chancellor Glen D. Johnson Scholarship in Leadership and Public Service will be added to the fund's corpus.

(c)Award Amount. Each year, the scholarship award amount will be determined by the State Regents based on prior year's investment earnings from the Chancellor Glen D. Johnson Scholarship fund.

(d)Disbursement. Funds made available to the student as part of the Chancellor Glen D. Johnson Scholarship in Leadership and Public Service will be paid directly to the student's institution on behalf of the student. Disbursement of funds will occur the first week of August, prior to the start of the fall semester.

Okla. Admin. Code § 610:25-37-4

Adopted by Oklahoma Register, Volume 39, Issue 24, September 1, 2022, eff. 9/11/2022