53B-8-110. Regents' Scholarship Program -- Supplemental award to encourage
college savings.
(1) A student who qualifies for the Base Regents' Scholarship in accordance with the
provisions of Section 53B-8-109 may be awarded up to an additional $400 as provided in this
section.
(2) A student who qualifies for the Base Regents' Scholarship shall be awarded up to
$100 for a year that:
(a) the student was 14, 15, 16, or 17 years of age; and
(b) at least $100 in contributions, excluding transfers, investment earnings, and interest,
was deposited in a Utah Educational Savings Plan Trust account that designated the student as
the beneficiary.
(3) (a) The award shall be an amount equal to a dollar for dollar match up to $100 for
each of the years described in Subsection (2)(a).
(b) The maximum award is $100 for a year, up to a cumulative total of $400.
Enacted by Chapter 271, 2008 General Session
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Last revised: Wednesday, July 23, 2008