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43 to a resident of Iowa who is admitted and in 44 attendance as a full-time or part-time resident 45 student at an accredited higher education institution 46 and who has received an honorable discharge from a 47 branch of the armed services of the United States of 48 America or the state military forces, after having 49 served a minimum of four years on active duty. The 50 individual's permanent residence during the years of Page 2 1 service on active duty shall have been in Iowa. 2 Grants awarded shall be distributed to the appropriate 3 accredited higher education institution for payment of 4 educational expenses, including tuition, room, board, 5 and mandatory fees, with any balance to be distributed 6 to the student for whom the grant is awarded. 7 Sec. 103. NEW SECTION. 261.112 EXTENT OF GRANT. 8 A qualified full-time resident student may receive 9 grants for not more than eight semesters of 10 undergraduate study or the trimester or quarter 11 equivalent. A qualified part-time resident student 12 may receive grants for not more than sixteen semesters 13 of undergraduate study or the trimester or quarter 14 equivalent. 15 Sec. 104. NEW SECTION. 261.113 AMOUNT OF GRANT. 16 1. The amount of a grant to a qualified full-time 17 student for an academic year shall be one thousand 18 dollars. 19 2. The amount of a grant to a qualified part-time 20 student enrolled in a course of study shall be equal 21 to the average amount of a grant to a full-time 22 student times a number which represents twenty-four 23 semester hours, or the trimester or quarter 24 equivalent, divided by the number of hours in which 25 the part-time student is actually enrolled. 26 3. A grant may be made annually for both the fall 27 and spring semesters or the trimester equivalent. 28 Payments under the grant shall be allocated equally 29 among the semesters or trimesters and shall be paid at 30 the beginning of each semester or trimester, upon 31 certification by the accredited higher education 32 institution that the student is admitted and in 33 attendance. If the student discontinues attendance 34 before the end of the semester or trimester after 35 receiving payment under the grant, the entire amount 36 of any refund due that student, up to the amount of 37 any payments made under the annual grant, shall be 38 paid by the accredited higher education institution to 39 the state. 40 Sec. 105. NEW SECTION. 261.114 ADMINISTRATION BY 41 COMMISSION _ RULES. 42 The commission shall administer this program and
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Last update: Thu Mar 14 13:30:03 CST 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/00700/00724.html
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