Michigan Laws 390.1185 – Scholarship amount; determination; limitation
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(1) Subject to subsection (2), each scholarship recipient shall receive a $4,000.00 scholarship for 1 academic year of full-time enrollment, or a partial scholarship for part-time enrollment, in a nursing program. The authority shall determine the amount of a partial scholarship by multiplying $4,000.00 by the number of credit hours for which a student enrolls in an academic year, and dividing the product by 30 if the nursing program uses semester credits or by 45 if the nursing program uses term credits.
(2) A scholarship described in subsection (1) shall not exceed an amount equal to the recipient’s eligible costs minus any other grants or scholarships the recipient receives in any academic year in a nursing program.
Terms Used In Michigan Laws 390.1185
- Authority: means the Michigan higher education assistance authority created by 1960 PA 77, MCL 390. See Michigan Laws 390.1182
- Eligible costs: means tuition and fees charged by an eligible institution; related costs for room, board, books, supplies, transportation, or day care; and other costs determined by the authority. See Michigan Laws 390.1182
- Nursing program: means either of the following:
(i) A program for the training of individuals to become registered nurses or licensed practical nurses operated in this state by an eligible institution and approved by the Michigan board of nursing. See Michigan Laws 390.1182
(3) An individual shall not receive scholarship assistance for more than 4 academic years.