Arizona Laws 15-1650.01. Hospitality studies scholarship fund
A. The hospitality studies scholarship fund is established consisting of revenues available to the fund from any lawful source. The Arizona board of regents shall administer the fund and may partner with any statewide lodging and tourism association that provides matching monies in administering the fund. Monies in the fund are subject to legislative appropriation for the purposes of this section and are exempt from the provisions of section 35-190 relating to lapsing of appropriations.
Terms Used In Arizona Laws 15-1650.01
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Subject: means a division or field of organized knowledge, such as English or mathematics, or a selection from an organized body of knowledge for a course or teaching unit, such as the English novel or elementary algebra. See Arizona Laws 15-101
B. The board shall use the monies in the fund to provide scholarships and other financial assistance to students entering into or enrolled in a hospitality studies program at any university under the jurisdiction of the board. The financial assistance shall be used to defray educational expenses, including room and board. If a recipient withdraws from school or from the hospitality studies program before receiving a degree, the recipient must repay all scholarship monies previously awarded to the recipient. If the recipient is dismissed from the university, the board shall negotiate an appropriate repayment schedule plus eight percent simple interest.
C. For the purposes of this section, "hospitality studies program" means any undergraduate or graduate academic studies program relating to operation or management of hotels, motels or other facilities for transient lodging as described in section 42-5070, subsection A or restaurants as described in section 42-5074.