Okla. Stat. tit. 70, § 70-6-187C: Teaching Certification Scholarship Revolving Fund

There is hereby created in the State Treasury a revolving fund

for the Office of Educational Quality and Accountability to be

designated the "Teaching Certification Scholarship Revolving Fund".

The fund shall be a continuing fund, not subject to fiscal year

limitations, and shall consist of all monies received by the Office

of Educational Quality and Accountability from the Legislature and

any donations, grants and gifts from any public or private source.

All monies accruing to the credit of the fund are hereby

appropriated and may be budgeted and expended by the Office of

Educational Quality and Accountability for the purpose of

implementing the Teaching Certification Scholarship Program.

Expenditures from the fund shall be made upon warrants issued by the

State Treasurer against claims filed as prescribed by law with the

Director of the Office of Management and Enterprise Services for

approval and payment.