4701-17-02 Scholarship eligibility criteria.

 

 

 

4701-17-02                  Scholarship eligibility criteria.

 

 

 

(A)    The criteria that must be met in order for an applicant to qualify for a tier one scholarship commitment are as follows:

 

(1)    The applicant must be a minority student, defined in paragraph (A) of rule 4701-17-01 of the Administrative Code, or other student demonstrating financial need in accordance with the methodology in paragraph (B) of rule 4701-17-01 of the Administrative Code.

 

(2)    The applicant must be enrolled as a student in an accredited Ohio college or university.

 

(3)   The applicant must be of sophomore, junior, or senior standing as defined by the college or university. An applicant may apply for a scholarship commitment more than once, but the applicant cannot receive more than one scholarship grant.

 

(4)    The applicant must have declared a major in accounting or be enrolled in a program that, upon completion, would meet the educational requirements described in division (D)(1)(b) of section 4701.06 of the Revised Code and rule 4701-3-03 of the Administrative Code.

 

(5)    The applicant must be a student who is academically in good standing as defined by the college or university.

 

(6)   The applicant is an Ohio resident as defined in paragraph (I) of rule 4701-17-01 of the Administrative Code.

 

(B)   The applicant's college or university must certify on the commitment application that the applicant meets the eligibility criteria outlined in paragraph (A) of this rule.

 

(C)   Tier one scholarship commitments made to seniors are valid for three calendar years from the date of the award. Tier one scholarship commitments made to juniors are valid for four calendar years from the date of the award. Tier one scholarship commitments made to sophomores are valid for five calendar years from the datadate of the award.

 

(D)   The minimum criteria whichthat must be met in order for a student to receive money awarded to a college or university for a tier two scholarship are as follows:

 

(1)     The student must be enrolled in a five-year degree program defined in paragraph (H) of rule 4701-17-01 of the Administrative Code.

 

 

(2)   The student must be academically in good standing as defined by the college or university.

(3)    The college or university must require that the student demonstrate financial need in accordance with the methodology in paragraph (B) of rule 4701-17-01 of the Administrative Code.

(E)   A college or university may set criteria for tier two scholarships in addition to those outlined in paragraph (D) of this rule.

Effective:                                07/31/2003

R.C. 119.032 review dates:    05/16/2003 and 07/31/2008

CERTIFIED ELECTRONICALLY

Certification

07/21/2003

Date

Promulgated Under:   119.03

Statutory Authority:   4701.26

Rule Amplifies:           4701.26

Prior Effective Dates: 6/2/94, 9/19/94, 3/19/98,

1/1/99, 9/23/99, 5/7/03