Ohio Code 3333.68 – College proposal preference for future awards
When making an award under the choose Ohio first scholarship program, the chancellor of higher education, subject to approval by the controlling board, may commit to giving a state university’s or college’s proposal preference for future awards after the current fiscal year or fiscal biennium. A proposal’s eligibility for future awards remains conditional on all of the following:
Terms Used In Ohio Code 3333.68
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- state: means the state of Ohio. See Ohio Code 1.59
(A) Future appropriations of the general assembly;
(B) The university’s or college’s adherence to the agreement entered into under section 3333.65 of the Revised Code, including its fulfillment of pledges of other institutional, public, or nonpublic resources;
(C) A demonstration that the students receiving the scholarship are satisfied with the state universities or colleges selected by the chancellor to offer the scholarships.
The chancellor and the controlling board shall not commit to awarding any proposal for more than five fiscal years at a time. However, when a commitment for future awards expires, the chancellor and the controlling board may grant a one-time extension of the award for a period not to exceed four years.
Last updated August 12, 2021 at 11:23 AM