Mich. Admin. Code R. 390.907 - Additional scholarship eligibility requirements
Rule 7. The authority, in conjunction with a participating school, may award a scholarship to an individual determined to meet the requirements of section 4 of the act and all of the following requirements:
(a) Is making
satisfactory academic progress as determined by the participating
school.
(b) Is not in default on a
federal student loan, a loan guaranteed by the authority, or a loan offered by
the authority. Exceptions may be made if a defaulted borrower has made
satisfactory repayment arrangements that result in the individual being
eligible to again borrow under the federal title IV student loan
programs.
(c) Is not prohibited
from receiving federal student loans due to bankruptcy.
(d) Is not currently incarcerated in a
correctional facility on either a full-time or part-time basis.
Notes
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