Higher education; Oklahoma Tuition Equalization Grant; effective date.
What changed between versions
Added income eligibility requirement limiting student/parent income to $50,000 per year, with provisions for independent students.
Added requirement that students must pay regular tuition at their institution to qualify for the grant.
Added specific list of eligible institutions including Bacone College, Oral Roberts University, and others meeting accreditation standards.
Modified institution eligibility requirements to include accreditation by Higher Learning Commission or recognized national accrediting body, and IRS not-for-profit status before July 1, 2012.
Added complaint process requirements and State Regents authority to review and act on complaints concerning eligible institutions.
Modified grant award provisions to prioritize continuing students over first-time applicants when funds are limited.
Added requirement that grants cannot be used for summer terms or intersessions.
Modified hardship provisions to clarify that grants can be awarded after five years only in hardship circumstances, with a cumulative five-year benefit limit.