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O.C.G.A. § 20-3-414 — Pro rata reduction of grants when funds are insufficient | Georgia Code

O.C.G.A. § 20-3-414 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 20 EDUCATION

Section 3. Postsecondary Education, 20-3-1 through 20-3-660.

ARTICLE 7 SCHOLARSHIPS, LOANS, AND GRANTS

20-3-414. Pro rata reduction of grants when funds are insufficient.

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.

(Ga. L. 1971, p. 906, § 7; Code 1933, § 32-3762, enacted by Ga. L. 1980, p. 835, § 3; Ga. L. 1981, p. 735, § 47.)

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