61H1-38.005: Scholarships
PURPOSE AND EFFECT: The Board proposes the rule amendment to increase the maximum scholarship available to $6,000.00.
SUMMARY: The maximum scholarship available will be increased to $6,000.00.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: No Statement of Estimated Regulatory Cost was prepared. The Board determined the proposed rule will not have an impact on small business.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
SPECIFIC AUTHORITY: 473.304(1), 473.3065(3) FS.
LAW IMPLEMENTED: 473.3065 FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN FAW.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Veloria Kelly, Division Director, Board of Accountancy, 240 N.W. 76th Dr., Suite A, Gainesville, Florida 32607
THE FULL TEXT OF THE PROPOSED RULE IS:
61H1-38.005 Scholarships.
(1) Scholarships will be awarded in the amount of at least $3,000.00, not to exceed $6,000.00, per semester up to a maximum of two (2) semesters.
(2) Scholarship checks will be made payable jointly to the institution and the student and will be mailed during August for those enrolled in the fall term and during December for those enrolled in the winter term.
(3) A maximum of $100,000.00 may be expended for all scholarships each year.
(4) A minimum of $1,000.00 must be maintained in the program account.
Rulemaking Specific Authority 473.304(1), 473.3065(3) FS. Law Implemented 473.3065 FS. History–New 9-22-99, Amended ________.