Title 20, Chapter 3, Section 492
( 20-3-492)
(a) The funds necessary to provide for the program of scholarship
grants provided for in this subpart shall come from funds
appropriated by the General Assembly. In the event funds available
to the authority are not sufficient to enable the authority to pay
on behalf of eligible students the full grant amount otherwise
payable under this subpart, grants shall be reduced by the authority
on a pro rata basis. (b) Nothing in this subpart shall be construed to require the
General Assembly to appropriate any such funds. |