Sec. 3.
The authority shall award scholarships annually in the amount of $1,000.00 to the top scorers on a national examination designated by the authority without regard to the financial circumstances of the students or their families and without reference to other aid for which the student may qualify. The number of scholarships shall be determined by dividing the amount appropriated by the legislature by $1,000.00.
History: 1976, Act 228, Imd. Eff. Aug. 4, 1976 ;-- Am. 1980, Act 386, Eff. July 1, 1981
Structure Michigan Compiled Laws
Chapter 390 - Universities and Colleges
Act 228 of 1976 - The Legislative Merit Award Program Act (390.1301 - 390.1307)
Section 390.1301 - Short Title.
Section 390.1302 - State Academic Achievement Scholarships; Establishment; Purpose; Basis of Award.
Section 390.1303 - Number and Amount of Scholarships to Be Awarded Annually.
Section 390.1304 - Eligibility for Scholarship.
Section 390.1305 - Payment of Scholarship; Certification; Method.