Scholarship awards shall be for seven thousand two hundred dollars ($7,200) per year to be disbursed in equal installments over the period of an academic year. History: Laws 1988, ch. 111, § 7; 1991, ch. 262, § 13. The 1991 amendment, effective June 14, 1991, substituted "scholarships" for "fellowships" in the catchline; substituted "Scholarship" for "Fellowship" at the beginning of the section; and substituted "equal installments over the period of an academic year" for "a six hundred dollar ($600) per month stipend for a period up to twelve months".
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