In the event funds available to the authority are not sufficient to enable the authority to pay on behalf of eligible students the full grant prescribed by the General Assembly, grants payable for the remaining school terms shall be reduced by the authority on a pro rata basis.
History. Ga. L. 1971, p. 906, § 7; Code 1933, § 32-3762, enacted by Ga. L. 1980, p. 835, § 3; Ga. L. 1981, p. 735, § 47.
Structure Georgia Code
Chapter 3 - Postsecondary Education
Article 7 - Scholarships, Loans, and Grants
Part 3 - Georgia Student Finance Authority
Subpart 5 - Tuition Equalization Grants at Private Colleges and Universities
§ 20-3-410. Legislative Findings; Purpose of Subpart
§ 20-3-412. Entitlement to Grants as Specified in the Appropriations Acts; Restrictions
§ 20-3-414. Pro Rata Reduction of Grants When Funds Are Insufficient
§ 20-3-415. Audits of Schools; Refund of Grants for Ineligible Students
§ 20-3-416. Penalty for Furnishing or Accepting False Statement as to Eligibility