[§304A-2159]  University of Hawaii
scholarship and assistance special fund.  (a)  There is established the
University of Hawaii scholarship and assistance special fund to be administered
by the University of Hawaii.  The special fund shall be administered pursuant
to the authority of the board of regents to grant, modify, or suspend the
scholarship and assistance under section [304A-501].  This fund shall be used
to provide financial assistance to qualified students enrolled at any campus of
the University of Hawaii.



(b)  Revenues deposited into this fund shall
include but not be limited to state, federal, and private funds, funds
transferred by the university from the tuition and fees special fund pursuant
to section [304A-2153], and appropriations for the state scholars program;
provided that state funds appropriated for any scholarship program, including
but not limited to the B Plus scholarship program, the Hawaii state scholars
program, and the workforce development scholarship program, shall be kept in a
separate and distinct account.



(c)  The annual report for the special fund
shall include but not be limited to the number of tuition waivers,
scholarships, and stipends.  The report shall also include but not be limited
to the number of tuition waivers granted under section [304A-503] through the
Hawaii opportunity program in education.  The report shall also include
recommendations as appropriate to the legislature on all tuition waivers.



(d)  This fund is not intended to provide loans
or keep track of payback provisions. [L 2006, c 75, pt of §2 and c 257, §4]



 



Revision Note



 



  The amendment by L 2006, c 257, §4 to repealed §304-16.6 is
included in this section pursuant to L 2006, c 75, §18.