Section 390.907. Additional scholarship eligibility requirements.

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The authority, in conjunction with a participating school, may award a scholarship to an individual determined to meet the requirements of section 4 of the act and all of the following requirements:

(a)    Is making satisfactory   academic progress as determined   by the participating school.

(b)   Is not in default on a federal student loan, a loan guaranteed by the authority, or a loan offered by the authority. Exceptions may be made if a defaulted borrower has made satisfactory repayment arrangements that result in the individual being eligible to again borrow under   the federal title IV student loan programs.

(c)     Is not prohibited from receiving federal student loans due to bankruptcy.

(d) Is not currently incarcerated in a correctional facility on either a full-time or part-time basis.

History: 2004 AACS.

                    
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