SECTION 610:25-9-3. Grants and payments

(a)   Provided that funds are available, the scholarship award for students pursuing study under the Future Teachers' Scholarship Program will be based on the following scale:

Enrollment	Hours Completed Toward Baccalaureate Degree	Maximum Award
Full-time	60 hours and above	$1,500
Full-time	Less than 60 hours	$1,000
Part-time	60 hours and above	$ 750
Part-time	Less than 60 hours	$ 500

(b)   For purposes of this policy, full-time enrollment means not less than 12 hours per semester for undergraduates and not less than 9 hours per semester for graduate students. Part-time enrollment means not less than 6 hours per semester.

(c)   Upon enrollment verification by the institution, the first payment of each recipient's entitlement will be distributed during the fall semester, and the second distribution will be during the spring semester.

(d)   The award will be paid directly to the institution on the student's behalf with appropriate restrictions and conditions that such monies be expended only for the purposes authorized by State Statute.

[Source: Amended at 10 Ok Reg 4045, eff 6-16-93 (emergency); Amended at 11 Ok Reg 1891, eff 5-12-94]