390.1401 Definitions. Sec. 1. As used in this act: (a) “Authority” means the Michigan higher education assistance authority created by Act No. 77 of the Public Acts of 1960, being sections 390.951 to 390.961 of the Michigan Compiled Laws. (b) “MEOG” means a Michigan educational opportunity grant established under section 2. History: 1986, Act 273, […]
390.1402 Michigan educational opportunity grants; establishment; administration; purpose. Sec. 2. Michigan educational opportunity grants, which shall be administered by the authority, are established by the state to enable eligible postsecondary schools to help eligible students meet educational expenses. History: 1986, Act 273, Eff. Mar. 31, 1987 Compiler’s Notes: For transfer of authority, powers, duties, functions, […]
390.1403 Eligibility of postsecondary school to participate in MEOG program; prohibition. Sec. 3. (1) A recognized postsecondary school in this state is eligible to participate in the MEOG program under this act if the postsecondary school is a degree-granting public institution approved by the department of labor and economic growth. (2) A grant shall not […]
390.1404 Eligibility of student to participate in MEOG program. Sec. 4. (1) A student is eligible to participate in the MEOG program under this act if the student meets the following requirements: (a) Has resided in this state continuously for the 12 months preceding his or her application for a MEOG and is not considered […]
390.1405 Amount of MEOG; determination; needs analysis standard; prorated payments. Sec. 5. (1) The amount of a MEOG to be paid for each semester, trimester, or quarter shall be determined by the institution based upon a needs analysis standard established by the authority. (2) Prorated payments shall be made at the beginning of each semester, […]
390.1406 Effect of receiving other student aid. Sec. 6. A student who receives a state competitive scholarship award under Act No. 208 of the Public Acts of 1964, being sections 390.971 to 390.981 of the Michigan Compiled Laws, or who receives other scholarships, work-study funds, or grant awards, may be eligible for a MEOG under […]
390.1407 Limitation on MEOG; priority. Sec. 7. Each MEOG shall not exceed the amount of remaining financial need for the full academic year as reported by the postsecondary school in which the student at any particular school is enrolled, or $1,000.00, whichever is less. If the number of eligible applicants exceeds the money available, priority […]
390.1408 Amount of MEOG funds for fiscal year. Sec. 8. MEOG funds shall be made to eligible postsecondary schools for a fiscal year in an amount proportionate to the school’s receipt of Pell grant funds under section 411 of title IV of the higher education act of 1965, 20 U.S.C. 1070a, for the most recent […]
390.1409 Rules. Sec. 9. The authority shall promulgate rules to implement this act pursuant to the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being sections 24.201 to 24.328 of the Michigan Compiled Laws. History: 1986, Act 273, Eff. Mar. 31, 1987