Sec. 9.
The authority shall promulgate rules prescribing the reports to be made by the applicants awarded state competitive scholarships or annual renewal scholarships and the postsecondary institutions enrolling the applicants. Before payment of a state competitive scholarship or annual renewal scholarship is made to the applicant, the applicant shall certify in writing the name of the approved institution in which the applicant is enrolled and the applicant's intention to use the scholarship to pay for the tuition and fees to the approved institution. Prorated payments shall be made at the beginning of each semester or term to the student or to the postsecondary institution for credit to the student's account.
History: 1964, Act 208, Imd. Eff. May 22, 1964 ;-- Am. 1966, Act 103, Imd. Eff. June 22, 1966 ;-- Am. 1979, Act 48, Imd. Eff. July 7, 1979 ;-- Am. 1980, Act 500, Eff. July 1, 1981