Section 22-2204-B - Agency(a)General rule.--The agency shall use funds appropriated for the purpose of this article from the General Fund and may accept donations from all public and private sources, including the Federal Government, to provide scholarships to eligible students to defray the cost of attending a State grant-approved institution of higher education that is domiciled and headquartered with its principal location in this Commonwealth.(b) Requirements.--The eligibility criteria developed for the receipt of a scholarship under subsection (a) shall, at a minimum, require all of the following: (1) Total annual household income not to exceed $126,000. With each new award year, the agency may annually adjust the total annual household income threshold under this paragraph to reflect any upward changes in the Consumer Price Index for All Urban Consumers (CPI-U) for the Pennsylvania, New Jersey, Delaware and Maryland area.(2) At least half-time enrollment in an approved course of study.(3) Demonstration of a grade point average of at least 3.25 on a 4.0 scale. (4) Compliance with all aspects of the State grant program except financial need.(c) Combination.--A student may be eligible to receive a scholarship under subsection (a) if the scholarship award in combination with a State grant award for the same academic year does not exceed the annually established maximum amount for the Ready to Succeed Scholarship Program as established by the agency.(d) Discretion.--The agency shall make all scholarship awards under subsection (a) in its sole discretion.Amended by P.L. TBD 2022 No. 55, § 51, eff. 7/8/2022.Amended by P.L. TBD 2019 No. 16, § 17, eff. 7/1/2020.Added by P.L. TBD 2015 No. 33, § 1, eff. 7/10/2015.