Sec. 10a-170s. Selection of academic scholarship graduate student loan recipients; maintenance of eligibility. Amount of loan awards. - Connecticut Statutes

      Sec. 10a-170s. Selection of academic scholarship graduate student loan recipients; maintenance of eligibility. Amount of loan awards. Loan candidates for the academic scholarship graduate student loan program shall make application to the Commissioner of Higher Education on such forms and at such time as prescribed by said commissioner. Loan recipients shall be selected by the Commissioner of Higher Education, who shall consider affirmative action and equal opportunity goals when making such selections. In the event the number of applicants is in excess of the number of loans available, academic standing and financial need may be considered by the commissioner in selecting loan recipients. Loans under this program shall be in an amount not greater than five thousand dollars per year for one year for recipients attending independent colleges and universities and not greater than three thousand dollars per year for one year for recipients attending public colleges and universities. In order to maintain eligible status under this loan program, each recipient shall continue to be enrolled full time in an accredited college or university and shall demonstrate compliance with the academic standards established by the Commissioner of Higher Education. No student shall receive the proceeds of a loan until he has submitted a letter from an accredited college or university certifying the appropriate enrollment status pursuant to subsection (b) of section 10a-170r.

      (May Sp. Sess. P.A. 86-1, S. 36, 58.)