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Official Code of Georgia Annotated

Title 20. EDUCATION · Chapter 3. POSTSECONDARY EDUCATION · Article 7. SCHOLARSHIPS, LOANS, AND GRANTS · Part 3. GEORGIA STUDENT FINANCE AUTHORITY

20-3-360. Definitions.

Active

Current through: Including Acts of the 2025 Session of the General Assembly of Georgia.

Repealed effective June 30, 2029.In force today: Repealed effective June 30, 2029.

  1. As used in this subpart, the term:

  2. (1)

    “Eligible student” means a person:#

    1. (A)

      Whose family income is considered economically disadvantaged, based on criteria established by the commission, or who has a financial aid gap;#

    2. (B)

      Who meets any academic or other standards established by the commission;#

    3. (C)

      Who is eligible for a scholarship or grant pursuant to Code Section 20-3-519.1;#

    4. (D)

      Who has completed the Free Application for Federal Student Aid (FAFSA); and#

    5. (E)

      Who has completed:#

      1. (i)

        Seventy percent of the credit requirements toward the credential of his or her program of study, if such program is a four-year program; or#

      2. (ii)

        Forty-five percent of the credit requirements toward the credential of his or her program of study, if such program is a two-year program.#

  3. (2)

    “Financial aid gap” means the monetary amount remaining after other funding, as determined by the commission, for the cost of attendance certified by a qualified institution.#

  4. (3)

    “Qualified institution” means an institution of the University System of Georgia, an institution of the Technical College System of Georgia, or a nonproprietary institution of higher education eligible for tuition equalization grants in accordance with subparagraph (A) of paragraph (2) of Code Section 20-3-411.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 20-3-360, enacted by Ga. L. 2018, p. 650, § 10/HB 787; Ga. L. 2022, p. 164, § 1/HB 1435; Ga. L. 2025, p. 446, § 1/HB 38, effective May 12, 2025.

Amendments

The 2025 amendment, effective May 12, 2025, rewrote subparagraph (1)(E), which read: “Who has completed 80 percent of the credit requirements toward the credential of his or her program of study.”.

Editor's notes

See the Editor’s note following the subpart heading as to the repeal of this Code section.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Session of the General Assembly of Georgia.

Text read from t20-ch3-18-(v17a)-2025-pdf.pdf, Volume V17A, 2025 edition, pages 231 to 232; merge action: bound only; file SHA-256 4560a0cef806.