GroundRules
EDC § 69993
Where this section sits in the code
- Education Code - EDC
- TITLE 3. POSTSECONDARY EDUCATION [66000. - 101460.]
- DIVISION 5. GENERAL PROVISIONS [66000. - 70115.2.]
- PART 42. STUDENT FINANCIAL AID PROGRAM [69400. - 70115.2.]
- CHAPTER 2. Student Financial Aid Programs [69500. - 70048.]
- ARTICLE 19. Golden State Scholarshare Trust Act [69980. - 69994.]
Funding for startup and first-year administrative costs shall be appropriated from the General Fund in the annual Budget Act. The board shall repay, within five years, the amount appropriated, plus interest calculated at the rate earned by the Pooled Money Investment Account. Necessary administrative costs in future years shall be paid out of the administrative fund.
Collected 2026-09-14T05:56:33Z. Source file · JSON