R765-622-4. General Scholarship Administration

(1) Scholarship Award. An eligible institution may award a scholarship to an individual who: (a) is enrolled in, or intends to enroll in, a high demand program; and (b) completes a Free Application for Federal Student Aid as required by Rule R765-623. (i) An eligible institution may award a scholarship for an amount of money up to the total cost of tuition, fees, and required textbooks for the high demand program in which the scholarship recipient is enrolled or intends to enroll. (ii) An eligible institution may award a scholarship to a scholarship recipient for up to three academic years. (2) Application Procedures. An eligible institution shall develop a simple, accessible application process, and will set application deadlines that accommodate both full-time and half-time students. (3) Prioritization for Underserved Populations. An eligible institution shall establish criteria to identify underserved populations and to assess if an applicant is a member of an underserved population. In accordance with federal and state law, institutions shall prioritize scholarship awards for applicants who are members of an underserved population.