Sec. 14.30.740. - Funding for Alaska Challenge Youth Academy program.
(a) Each fiscal year, the department shall allocate funding for the Alaska Challenge Youth Academy program in an amount equal to the base student allocation multiplied by seven for each residential student and the base student allocation multiplied by 6/10 for each nonresidential student, minus the amount received by the program in federal matching grant funds. The determination of the number of residential and nonresidential students shall be made by the department on October 1 of the prior year.
(b) In this section,
(1) "base student allocation" means the amount established under AS 14.17.470;
(2) "nonresidential student" means a student who receives services but does not reside at the program site;
(3) "program" means the Alaska Challenge Youth Academy program;
(4) "residential student" means a student who resides at the program site.