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HB 365: "An Act relating to the Alaska performance scholarship."

00 HOUSE BILL NO. 365 01 "An Act relating to the Alaska performance scholarship." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 14.43.820 is amended by adding a new subsection to read: 04 (h) A student who is awarded a scholarship under this section may use the 05 scholarship to attend any qualified postsecondary institution, as described in 06 AS 14.43.830, in which the student enrolls, regardless of the type of examination 07 taken to qualify for the scholarship. 08 * Sec. 2. AS 14.43.825(a) is amended to read: 09 (a) The maximum annual awards for the Alaska performance scholarships are 10 as follows: 11 (1) the first award level is $4,755 and requires a 12 (A) 3.5 grade-point average or above; and 13 (B) very high minimum score on an examination required 14 under AS 14.43.820(a)(5) [A COLLEGE ENTRANCE EXAMINATION]; 15 (2) the second award level is $3,566 and requires a

01 (A) 3.0 grade-point average or above; and 02 (B) high minimum score on an examination required under 03 AS 14.43.820(a)(5) [A COLLEGE ENTRANCE EXAMINATION]; 04 (3) the third award level is $2,378 and requires a 05 (A) 2.5 grade-point average or above; and 06 (B) moderately high minimum score on an examination 07 required under AS 14.43.820(a)(5) [A COLLEGE ENTRANCE 08 EXAMINATION].