N.C. Gen. Stat. § 115B-5.1

Current through Session Law 2024-53

Section 115B-5.1 - Student to be credited for scholarship value

If a person obtains a tuition waiver under G.S. 115B-2(a)(2), (3), or (4) and the person also receives a cash scholarship paid or payable to the institution, from whatever source, the amount of the scholarship shall be applied to the credit of the person in the payment of incidental expenses of the person's attendance at the institution, and any balance, if the terms of the scholarship permit, shall be returned to the student.

N.C. Gen. Stat. § 115B-5.1

Amended by 2015 N.C. Sess. Laws 296,s. 3.7, eff. 10/30/2015, and applicable to the 2016 spring academic semester and each subsequent semester.

Renumbered from § 115B-5A by 2009 N.C. Sess. Laws 570,s. 13, eff. 8/28/2009.

Amended by 2003 N.C. Sess. Laws 0230, s. 1, eff. 7/1/2003.

(1997-505, s. 5, eff. 7/1/2003.)