53B-8-111.   Supplemental scholarship award -- Exemplary academic achievement -- Regents' diploma.
     (1) A student who qualifies for the Base Regents' Scholarship in accordance with the provisions of Section 53B-8-109 shall be awarded an additional Exemplary Academic Achievement Scholarship if the student:
     (a) completes high school with a cumulative weighted grade point average of 3.5 or higher, as determined by the board's policies described in Subsection 53B-8-109(4);
     (b) completes the course of study described in Subsection 53B-8-109(1)(d)(i) with no course grade lower than a "B"; and
     (c) (i) scores a composite ACT score of 26 or higher; and
     (ii) if determined by the board's policies, achieves additional ACT college readiness benchmark scores in English, mathematics, reading, and science.
     (2) For a student who graduates from high school in the 2009-10 school year:
     (a) if used at a higher education institution described in Subsection 53B-8-108(3)(a), an Exemplary Academic Achievement Scholarship is equal in value to 75% of the tuition costs at the selected institution; or
     (b) if used at a higher education institution described in Subsection 53B-8-108(3)(b), an Exemplary Academic Achievement Scholarship is equal in value to 75% of the tuition costs at the institution, not to exceed 75% of the average tuition costs at the institutions described in Subsection 53B-8-108(3)(a).
     (3) For a student who graduates from high school in or after the 2010-11 school year, the total Exemplary Academic Achievement Scholarship is equal to $5,000, allocated over a time period described in Subsection (4), as prescribed by the board.
     (4) An Exemplary Academic Achievement Scholarship is valid for the shortest of the following time periods:
     (a) two years of full-time equivalent enrollment;
     (b) 65 credit hours; or
     (c) until the student meets the requirements for a baccalaureate degree.
     (5) The board may grant a leave of absence to an Exemplary Academic Achievement Scholarship holder, but the student may only receive scholarship monies within five years after the student completes high school.
     (6) An Exemplary Academic Achievement Scholarship may be canceled at any time by the institution of attendance if the student fails to:
     (a) register as a full-time student;
     (b) maintain a "B" average for two consecutive semesters; or
     (c) make reasonable progress towards the completion of a baccalaureate degree.
     (7) A student who qualifies for the Exemplary Academic Achievement Scholarship under this section may also receive a Regents' Diploma Endorsement to be issued by the board.
     (8) The board may adjust the amount of the Exemplary Academic Achievement Scholarship by up to a percentage of the average percentage tuition increase approved by the board for institutions in the system of higher education.

Amended by Chapter 329, 2009 General Session
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Last revised: Thursday, May 28, 2009