Section 6-82-409 - Term, allocation, and renewal(a) A scholarship may be awarded annually for a period not to exceed an academic year.(b)(1) A scholarship shall correspond to academic terms, semesters, quarters, or equivalent time periods at the eligible institutions.(2) In no instance may the entire amount of a grant for an educational year be paid to or on behalf of such student in advance.(c) A scholarship shall be awarded for one (1) academic year and renewed annually for up to three (3) additional academic years if the student maintains not less than a 3.0 grade point average on a 4.0 scholastic grading scale, or an equivalent academic standing, and meets other criteria as established by the Division of Career and Technical Education.Amended by Act 2019, No. 910,§ 2096, eff. 7/1/2019.Acts 1983 (Ex. Sess.), No. 86, §§ 3, 5; A.S.A. 1947, §§ 80-2591.2, 80-2591.4.