Official Code of Georgia Annotated

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

20-3-414. Pro rata reduction of grants when funds are insufficient.

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

In the event funds available to the authority are not sufficient to enable the authority to pay on behalf of eligible students the full grant prescribed by the General Assembly, grants payable for the remaining school terms shall be reduced by the authority on a pro rata basis.

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.

Ga. L. 1971, p. 906, § 7; Code 1933, § 32-3762, enacted by Ga. L. 1980, p. 835, § 3; Ga. L. 1981, p. 735, § 47.

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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, page 274; merge action: bound only; file SHA-256 4560a0cef806.