KRS 164.7889: Increase of maximum award grants.

Notwithstanding the provisions of KRS 164.7535 and 164.785 to the contrary, if

sufficient funds are available, the authority shall do one (1) of the following:

(1) Promulgate an administrative regulation to increase the maximum amount available

under the g rant programs to each student, up to the prevailing tuition rate charged

by the regional public universities for full -time enrollment in an undergraduate

program, but in no event shall a student receive more than the student's cost of

education less other anticipated student financial assistance;

(2) Promulgate an administrative regulation to increase the average income level for

qualification for the grant programs; or

(3) Promulgate an administrative regulation that increases both the maximum amount

available under the grant programs, and increases the average income level for

qualification for the grant programs.