§ 21-16-1309 — Scholarship amounts

(a) To the extent a scholarship under this article would,
when combined with any grant or scholarship from a student
financial aid program administered through the state or any
state institution, in any semester exceed the cost of attendance
at the eligible institution, the scholarship under this article
shall be reduced by the amount necessary to not exceed that cost
of attendance.
(b) To the extent sufficient funds are not available in
the expenditure account to fund all scholarships as provided
under this article:
(i) Funds available for scholarships under W.S.
21-16-1304 and 21-16-1305 shall be used for scholarships under
W.S. 21-16-1306 after all scholarships under W.S. 21-16-1304 and
21-16-1305 have been paid;
(ii) Funds available for scholarships under W.S.
21-16-1306 shall be used for scholarships under W.S. 21-16-1304
and 21-16-1305 after all scholarships under W.S. 21-16-1306 have
been paid;
(iii) After all funds within the expenditure account
have been expended, funds within the Hathaway student
scholarship reserve account shall be used to fund any remaining
scholarships awarded under this article;
(iv) If no funds remain available in the expenditure
account or reserve account at the time payment is required to be
made to an institution for any semester, the payment to the
eligible institutions shall be reduced on a first come first
served basis using the student's application date for the
scholarship.