(a) The Board shall select Grantees based on the following criteria:
(b) The Board may give priority, when practicable, to Applicants who attended the University of Wyoming or a Wyoming community college.
(c) The selection of Grantees is at the sole discretion of the Board.
(d) The total amount of the Loan Repayment Grant is at the sole discretion of the Board contingent on available funding, but shall never exceed thirty thousand dollars ($30,000.00) per year.
(e) Following the Grantee selection process, the Grantee and Sponsor will be required to execute a Contract Agreement with the Board which describes the parties' responsibilities and duties. If the Sponsor or Grantee breaches any provision of the Contract Agreement, the Board may terminate the Contract Agreement and seek all remedies available to it.
051-23 Wyo. Code R. § 23-7
Amended, Eff. 5/12/2015.