§ 17:4102 — Administration; scholarship amount; funding

Louisiana § 17:4102

• Jurisdiction: Louisiana
• Title 17: Credit Union Law

Text

§4102. Administration; scholarship amount; funding
A. The administering agency for the scholarship program shall be the Board of
Regents. The Louisiana National Guard shall assist the Board of Regents in the
administration of the program.
B.(1) Upon notice from the public postsecondary education institution and the
Louisiana National Guard that the student qualifies for the scholarship for the ensuing
academic period, the administering agency shall make payment of the scholarship funds, on
behalf of the student, directly to the institution at which such mandatory fees are due. The
amount of the scholarship for each eligible student shall be equal to the amount of mandatory
fees charged to the student by the institution.
(2) The payment of scholarships as provided in this Subsection shall be subject to
the appropriation of funds for this purpose.

Legislative History

Acts 2023, No. 279, §2.