A. Only students who (i) are accepted for enrollment as dependent students at a public institution of higher education; (ii) are not receiving a Virginia Commonwealth Award; (iii) demonstrate financial need as determined by the Council according to the congressional methodology for determining financial need and eligibility for financial aid; and (iv) are either (a) Virginia students who graduated from a high school in the Commonwealth with a cumulative grade point average of at least 2.5 on a scale of 4.0 or its equivalent or (b) are dependent children of active duty military personnel residing outside the Commonwealth pursuant to military orders, claiming Virginia on their State of Legal Residence Certificate, and satisfying the domicile requirements for such active duty military personnel pursuant to § 23.1-504 and graduated from a high school within or outside the Commonwealth with a cumulative grade point average of at least 2.5 on a scale of 4.0 or its equivalent are eligible to receive such grants.
B. All grants shall be awarded for one award year and may be renewed annually for no more than three subsequent award years if the recipient:
1. Maintains a cumulative grade point average of at least 2.0 on a scale of 4.0 or its equivalent;
3. Makes satisfactory academic progress toward a degree, earning not less than the minimum number of hours of credit required for full-time standing in each academic period during enrollment at a public institution of higher education; and
4. Maintains continuous enrollment for not less than two semesters or three quarters in each successive award year unless the Council grants the recipient an exception for cause.
History
1992, c. 879, § 23-38.53:6; 1993, c. 832; 1994, c. 789; 2002, c. 114; 2016, c. 588.
