Okla. Stat. tit. 70, § 70-2632

This is the official text of Okla. Stat. tit. 70, § 70-2632, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.

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Eligibility requirements - Application - Eligible

Official statutory text

institutions - Permitted courses and programs.

A. To be eligible for an Oklahoma Tuition Equalization Grant, a

student shall:

1. Be an Oklahoma resident as defined by the Oklahoma State

Regents for Higher Education;

2. Have enrolled as a full-time undergraduate student in an

eligible institution of higher education as prescribed in subsection

D of this section;

3. Meet the income eligibility level, which is the student's

parents' income from taxable sources which shall not be more than

Fifty Thousand Dollars ($50,000.00) per year or the student's income

if the student is independent and self-supporting as determined by

the State Regents consistent with federal financial aid regulations;

4. Pay more tuition than is required at a comparable public

institution of higher education and pay no less than the regular

tuition required of all students enrolled at the institution where

the student is enrolled; and

5. Maintain at least minimum standards of academic performance

as required by the enrolling institution.

B. The enrolling institution shall forward a completed student

application, documentation of full-time enrollment status, and

certification of resident status to the State Regents no later than

October 15 for the fall semester and March 15 for the spring

semester of each academic year.

C. Subject to the availability of funds in the Oklahoma Tuition

Equalization Grant Trust Fund, an Oklahoma Tuition Equalization

Grant in the amount of Two Thousand Dollars ($2,000.00) per academic

year, or One Thousand Dollars ($1,000.00) per academic semester

shall be awarded by the State Regents by allocation from the

Oklahoma Tuition Equalization Grant Trust Fund, beginning with

eligible students enrolled in the 2003-2004 school year. No grants

pursuant to this act shall be provided to students for attending

summer terms or intersessions.

D. The State Regents shall implement policies and procedures

for the administration of this act. The State Regents shall approve

as eligible institutions of higher education only those private or

independent, not-for-profit colleges or universities that are

domiciled within this state, meet approved program and accreditation

standards as determined by the State Regents, and are fully

accredited by the Higher Learning Commission of the North Central

Association on Colleges and Schools or a national accrediting body

recognized by the United States Department of Education. To be

Oklahoma Statutes - Title 70. Schools Page 1408

eligible, institutions must have been granted not-for-profit status

by the Internal Revenue Service and the U. S. Department of

Education prior to July 1, 2012. Additionally, eligible

institutions shall adhere to the complaint process policies and

procedures administered by the State Regents. The State Regents

shall review and take action, as authorized, on complaints

concerning eligible institutions. The eligible institutions shall

include Family of Faith College, Mid-America Christian University,

Oklahoma Baptist University, Oklahoma Christian University, Oklahoma

City University, Oklahoma Wesleyan University, Oral Roberts

University, Southern Nazarene University, Southwestern Christian

University, the University of Tulsa and Randall University.

E. If funds are not sufficient in the Oklahoma Tuition

Equalization Grant Trust Fund to provide grants for all eligible

applicants, the State Regents shall award grants on the basis of

need and take into consideration other grants and scholarships

received by an eligible applicant when awarding grants. Students

who have previously received a tuition equalization grant and who

continue to meet the requirements for eligibility shall have

absolute priority for continued financial support superior to any

student who is applying for a grant for the first time.

F. Students enrolling as first-time freshmen for the 2003-2004
and scholarships

received by an eligible applicant when awarding grants. Students

who have previously received a tuition equalization grant and who

continue to meet the requirements for eligibility shall have

absolute priority for continued financial support superior to any

student who is applying for a grant for the first time.

F. Students enrolling as first-time freshmen for the 2003-2004

school year shall be the first class of students eligible to apply

for Oklahoma Tuition Equalization Grants. In subsequent years, all

previously eligible students and the first-time enrolling freshmen

students shall be entitled to apply for a grant pursuant to this

section. Beginning in the 2007-2008 school year, all eligible

students shall be entitled to apply for a grant pursuant to this

section.

G. A grant provided by this section shall not be allowed for

courses or other postsecondary units taken in excess of the

requirements for completion of a baccalaureate program or taken more

than five (5) years after the student's first grant is received.

The State Regents may award an Oklahoma Tuition Equalization Grant

for courses of postsecondary units taken more than five (5) years

after the student's first grant is received only in hardship

circumstances. No Oklahoma Tuition Equalization Grant recipient may

receive benefits beyond a cumulative time period of five (5) years.

H. On or before February 1 after the first semester in which

grants are awarded pursuant to this act and every year thereafter,

the State Regents shall provide a report to the Governor, President

Pro Tempore of the Senate, and the Speaker of the House of

Representatives to include, but not be limited to the number of

students awarded grants, grade point average, persistence rates,

degree completion rates, demographic data, and any other indicators

the State Regents deem appropriate.

Oklahoma Statutes - Title 70. Schools Page 1409

Status: in_force · Read it on the official government site

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