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Kodiak Higher Education Rebuild Package, 649: Difference between revisions

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List level for 2.4.1
(Added 2.1.1, 2.1.2, 2.1.3, 2.1.4, and 2.4.1 to Opportunity Grant.)
m (List level for 2.4.1)
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:2.3 - Should income exceed income thresholds (maximum household income of ₣60,000) or asset thresholds (maximum household assets of ₣400,000), then the applicant is not eligible for the grant. Should an existing grantee exceed income and asset thresholds, the applicant shall no longer be eligible to continue to receive the grant the month following reporting.
:2.4 - The living stipend shall scale based on reported income to a range of ₣500 to ₣2000 Florins per month, as determined by the Ministry of Education.
::2.4.1 - The living stipend shall be scaled based on course load. That is, a full-time student can expect to receive 100% of the total annual income provided by the grant for the entirety of their studies. A part-time student will be paid pro-rata based on the percentage of their maximum course load, i.e., a 75% course load will therefore receive 75% of the total annual income provided by the grant.
:2.5 - Grantees are required to report income on a monthly basis to the Ministry of Education.
:2.6 - The institution that the grantee has enrolled in shall report enrollment details and the students eligibility to continue their enrollment based on the student meeting requirements laid out by the institution (e.g., results).
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