Section 15-10-38.4 - Dual-credit courses - Tuition scholarship program - Administered by the board1. The state board of higher education shall administer a dual-credit tuition scholarship program to offer a tuition scholarship to students. The board shall adopt procedures to administer the program.2. An eligible student may apply to the board to receive a scholarship toward the cost of tuition and fees at the accredited in-state public, private, or tribal institution of higher education at which the student is enrolled. To be eligible to receive a scholarship, an individual must:a. Be enrolled and have completed at least one semester, quarter, or term at a public, private, or tribal institution of higher education with a physical presence in the state;b. Have:(1) Graduated from a high school in the state;(2) Graduated from a high school in a bordering state under chapter 15.1-29;(3) Graduated from a nonpublic high school in a bordering state while residing with a custodial parent in this state; or(4) Completed a program of home education under chapter 15.1-23; andc. Have successfully completed at least one dual-credit course provided by an accredited public, private, or tribal institution in the state while enrolled in high school or a program of home education in the state.3. The state board of higher education shall provide an eligible student with a tuition scholarship equal to two hundred fifty dollars for one successfully completed dual-credit course, five hundred dollars for two successfully completed dual-credit courses, or seven hundred fifty dollars for three or more successfully completed dual-credit courses. The dual-credit courses must be provided by an accredited public, private, or tribal institution in the state, and completed by the student while in high school or a program of home education. A scholarship received by a student during any semester, quarter, or term of enrollment under this section may not exceed the cost of tuition and fees for the semester, quarter, or term. Amended by S.L. 2023 , ch. 156( HB 1030 ), § 1, eff. 8/1/2023.Added by S.L. 2021 , ch. 127( HB 1375 ), § 1, eff. 7/1/2021.