Current through Register Vol. XLI, No. 50, December 13, 2024
8.1. Recipients of a PROMISE Scholarship shall receive an award equal to the lesser of the actual amount of tuition and mandatory fees for resident students at the home institution or an amount determined by the Commission based on the availability of adequate funding; Provided, That in no event shall the amount of the award be greater than the actual cost of tuition and mandatory fees charged by the home institution.8.2. The Commission may award PROMISE for summer school. To be eligible for a summer award, an applicant shall be academically eligible for PROMISE continuation at the end of the spring semester preceding the summer term for which the applicant is applying. Any summer award under this section is dependent upon the availability of funds as determined by the Commission.8.2.1. Priority for summer awards shall be based on class rank, with the highest priority given to recipients closest to graduation.8.2.2. Recipients, other than those graduating at the end of the summer term of enrollment, shall be enrolled for at least 12 credit hours unless the Commission grants a waiver of the full-time.8.2.3. A summer award counts as a semester of utilization toward the maximum number of available semesters.