Alabama Code 16-33A-3. Amount of grant for each eligible student; grants payable to institutions on behalf of students
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Terms Used In Alabama Code 16-33A-3
- year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1
There is granted to each eligible student attending an approved institution the sum of three thousand dollars ($3,000) per academic year, which sum shall be distributed to the institution on behalf of and to the credit of the student in accordance with rules adopted by the Alabama Commission on Higher Education.