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164.7889 Increase of maximum award grants.

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Page 1 of 1 164.7889 Increase of maximum award grants. Notwithstanding the provisions of KRS 164.7535 and 164.785 to the contrary, if <br>sufficient funds are available, the authority shall do one (1) of the following: <br>(1) Promulgate an administrative regulation to increase the maximum amount available under the grant programs to each student, up to the prevailing tuition rate charged <br>by the regional public universities for full-time enrollment in an undergraduate <br>program, but in no event shall a student receive more than the student's cost of <br>education less expected family contribution and other anticipated student financial <br>assistance; (2) Promulgate an administrative regulation to increase the average income level for qualification for the grant programs; or (3) Promulgate an administrative regulation that increases both the maximum amount available under the grant programs, and increases the average income level for <br>qualification for the grant programs. Effective: July 15, 1998 <br>History: Created 1998 Ky. Acts ch. 575, sec. 8, effective July 15, 1998.