Okla. Stat. tit. 70 § 626.7

Current through Laws 2024, c. 453.
Section 626.7 - Awarding of grant - Amount

A college tuition aid grant may be awarded annually to each eligible, qualified full-time or part-time undergraduate or graduate student enrolled in a curriculum leading to a degree or certificate in an institution of collegiate grade or postsecondary institution providing a program of training to prepare students for employment in a recognized occupation in Oklahoma approved or accredited by the Oklahoma State Regents for Higher Education or appropriate postsecondary agency. Eligible programs of training shall include comprehensive transition and postsecondary programs approved by the United States Department of Education. College tuition aid grants shall be awarded in accordance with the following:

1. Eligibility. Each full-time or part-time resident student shall be eligible to receive a grant in an amount as provided in paragraph 2 of this section. The Oklahoma State Regents for Higher Education shall determine by rules and regulations the maximum number of semesters a student may be eligible for grants. No student shall be eligible for grants unless the student maintains minimum standards of academic performance as are required by the institution in which the student is enrolled.

In the event a student for any reason ceases to continue to be enrolled during the course of an academic year, the student shall cease to be eligible for tuition aid; and

2. Amount of grant. The amount of tuition aid grant to any student under the Oklahoma Higher Education Tuition Aid Act for any semester shall represent a percentage not greater than seventy-five percent (75%) of the tuition and enrollment fees normally charged to residents of this state by the institution of attendance. The Oklahoma State Regents for Higher Education shall determine by rules the annual maximum award amount based on an annual assessment of funds availability.

Financial assistance received under the Oklahoma Higher Education Tuition Aid Act shall be considered as part of a student's financial aid package.

Okla. Stat. tit. 70, § 626.7

Amended by Laws 2024, c. 232,s. 1, eff. 7/1/2024.
Amended by Laws 2021 , c. 152, s. 2, eff. 11/1/2021.
Amended by Laws 1982, c. 20, § 2, emerg. eff. 3/23/1982; Laws 1990, c. 263, § 88, operative 7/1/1990; Amended by Laws 1999, S.B. 196 c. 379. § 2, eff. 7/1/1999.