Section 188-D:40 Granite State Scholars Financial Aid Endowment Fund Established. - New Hampshire Statutes

   I. All moneys appropriated for the purposes of this subdivision shall be used to provide leveraged incentive grants to participating institutions in New Hampshire for the establishment of an endowment fund according to the provisions of this subdivision.
   II. Participating institutions shall establish a separate endowment fund for the deposit of private contributions and gifts for the purposes of the program. Gifts or contributions may come from any source, including, but not limited to, private individuals or corporations, trusts, or foundations.

Source. 2000, 70:2, eff. July 1, 1999.