North Carolina § 116-283 Administration; unexpended scholarship funds do not revert

North Carolina Statutes

§ 116-283 — Administration; unexpended scholarship funds do not revert

North Carolina § 116-283

Ch. 116Higher Education

Art. 34Need-Based Scholarships for Students Attending Private Institutions of Higher Education

This text of North Carolina § 116-283 (Administration; unexpended scholarship funds do not revert) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 116-283 (2026).

Text

(a)The scholarships provided for in this Article shall be administered by the Authority under rules adopted by the Authority in accordance with the provisions of this Article.

(b)The Authority may use up to one and one-half percent (1.5%) of the funds appropriated for scholarships under this Article for administrative purposes.

(c)Scholarship funds unexpended shall remain available for future scholarships to be awarded under this Article. (2011-145, s. 9.18(a).)

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The scholarships provided for in this Article shall be administered by the Authority under rules adopted by the Authority in accordance with the provisions of this Article.
(b) The Authority may use up to one and one-half percent (1.5%) of the funds appropriated for scholarships under this Article for administrative purposes.
(c) Scholarship funds unexpended shall remain available for future scholarships to be awarded under this Article. (2011-145, s. 9.18(a).)