§ 23-38.53:19. Selection of beneficiaries
A. In selecting beneficiaries of the AVIP scholarship, the Council shall not select more beneficiaries than the moneys available to grant scholarships to such beneficiaries.
B. In selecting beneficiaries, priority shall be given to eligible students (i) who are closest to completing their degree programs designated by the Council under § 23-38.53:16 as directly leading to a qualified job, (ii) who demonstrate financial need, (iii) who attended a high school located in a planning district that has annual average unemployment rates for the most recent calendar year that are higher than the final statewide average unemployment rate for the most recent calendar year, and (iv) whose applications were received earliest by the Council.
C. After selecting the beneficiaries, the Council shall inform the Foundation of such beneficiaries, upon which notification the Foundation shall issue scholarship moneys to the beneficiaries or to the institutions in behalf of the beneficiaries.
(2000, c. 765; 2001, c. 765; 2004, c. 872.)
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