(1) The Higher Education Coordinating Commission shall:

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(a) Determine which students are eligible to receive scholarships under ORS § 348.270 and 348.272.

(b) Grant the appropriate scholarships under ORS § 348.270 and 348.272.

(c) Make necessary rules for application and distribution of the benefits available under ORS § 348.270 and 348.272 and this section.

(d) In awarding scholarships pursuant to its authority under ORS § 348.520, give priority to students who are eligible to receive scholarships under ORS § 348.270 and 348.272.

(2) If the accounts established or designated by the State Treasurer under ORS § 131A.360 and 131A.365 do not contain sufficient moneys to provide scholarships to each student who is eligible to receive a scholarship under ORS § 348.270, the commission shall:

(a) Use all moneys available in the accounts established or designated by the State Treasurer under ORS § 131A.360 and 131A.365 to provide scholarships to students who are eligible to receive a scholarship under ORS § 348.270; and

(b) Award moneys from the Oregon Opportunity Grant program to students who are eligible to receive a scholarship under ORS § 348.270.

(3) The commission shall establish rules and procedures necessary to carry out the provisions of ORS § 348.270 and 348.272 and this section, including but not limited to the usual and customary rules for analyzing financial need. [1973 c.784 2,3; 1997 c.515 § 2; 2007 c.71 § 95; 2011 c.637 § 151; 2013 c.747 § 94; 2015 c.513 § 16; 2021 c.99 § 1]

[2005 c.831 § 8; 2009 c.41 § 17; 2011 c.637 § 152; 2013 c.747 § 95; 2013 c.768 § 31; repealed by 2019 c.384 § 27]

[2005 c.831 § 9; 2009 c.762 § 64; 2011 c.637 § 153; 2013 c.747 § 96; 2013 c.768 § 32; 2015 c.767 § 113; 2015 c.846 § 4; repealed by 2019 c.384 § 27]

[2011 c.358 § 1; 2013 c.747 § 97; repealed by 2019 c.384 § 27]