§ 21-16-1306 — Need based scholarships

Wyoming § 21-16-1306

• Jurisdiction: Wyoming
• Title 21: Education
• Ch. 16: HIGHER EDUCATION GENERALLY
• Art. 13: HATHAWAY SCHOLARSHIP PROGRAM

Text

(a) In addition to scholarships made available under W.S.
21-16-1304 and 21-16-1305 there shall be made available a need
based Hathaway scholarship as follows:
(i) The scholarship shall be available only to
students qualifying for a scholarship under W.S. 21-16-1304 or
21-16-1305 and for federal financial aid. The scholarships under
this section shall be computed and awarded as follows:
(A) If the student has annual unmet financial
need of two thousand dollars ($2,000.00) or less – no award;
(B) If the student has annual unmet financial
need greater than two thousand dollars ($2,000.00):
(I) If the student is eligible for a
Hathaway honor scholarship – an award under this section in an
amount equal to the annual unmet financial need exceeding two
thousand dollars ($2,000.00). A scholarship under this
subdivision shall continue as long as the student remains
eligible for a Hathaway honor scholarship;
(II) If a student is eligible for a
scholarship under this article but does not qualify under
subdivision (I) of this subparagraph – an award equal to twenty-
five percent (25%) of the annual unmet financial need in excess
of two thousand dollars ($2,000.00), but not to exceed one
thousand five hundred seventy-five dollars ($1,575.00) per year.
(C) A student qualifying for any award under
this section shall receive a minimum amount of one hundred five
dollars ($105.00) for each semester of qualification. One-half
(1/2) of the annual award amount under this section shall be
provided to the student at each semester of qualification;
(D) For a student enrolled in a graduate degree
program, an annual award provided under this section shall not
exceed the University of Wyoming's undergraduate cost of
attendance for the applicable year less two thousand dollars
($2,000.00).
(b) The department shall provide scholarships under this
section from funds made available under W.S. 21-16-1302 and the
state treasurer shall reimburse eligible institutions
accordingly under W.S. 21-16-1308. All requirements for
scholarship recipients applicable under this article shall be
applicable to scholarships under this section. The department,
in consultation with each eligible institution, shall by rule
designate a date for each academic year upon which each eligible
institution shall make the final computation for unmet need for
students receiving a scholarship under this section, consistent
with each institution's schedule for determining actual cost of
attendance for students at that institution.