Missouri Code of State Regulations › Title 6 - DEPARTMENT OF HIGHER EDUCATION AND WORKFORCE DEVELOPMENT › Division 10 - Commissioner of Higher Education › Chapter 2 - Student Financial Assistance Programs › Section 6 CSR 10-2.120 - Competitiveness Scholarship Program

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: The competitiveness scholarship program
				  permits the Coordinating Board for Higher Education to provide scholarships for
				  eligible part-time Missouri residents to attend an approved Missouri college or
				  university pursuant to the provisions included in 173.262, RSMo. This rule sets
				  forth qualifi- cations required of student applicants for the scholarships,
				  criteria to be used in selecting scholarship recipients and qualifications
				  which approved colleges or universities must meet.
(1) Definitions.
(A) Academic year or period of the
				scholarship is the period from July 1 of any year through June 30 of the
				following year.
(B) Applicant means
				a student who applies to the MDHE for a scholarship under the competitiveness
				scholarship program as prescribed by the CBHE and who meets the criteria to
				receive such an award under section
				173.262,
				RSMo, and this administrative rule.
(C) Approved institution means any
				institution located in Missouri that meets the requirements set forth in
				subdivision 173.1102.1(2) or (3), RSMo, and that has been approved under
				6 CSR
				10-2.140.
(D) Award amount shall be an amount of money
				paid by Missouri to a qualified applicant pursuant to the provisions of this
				rule.
(E) Competitiveness
				scholarship program or scholarship program shall mean the scholarship program
				established by section
				173.262,
				RSMo.
(F) CBHE means the
				Coordinating Board for Higher Education created by section
				173.005,
				RSMo.
(G) Expenses shall be
				undergraduate tuition or incidental fees for the current academic
				year.
(H) Financial need shall be
				the difference between the total financial resources available to an applicant
				and the applicant's total cost of attendance, including tuition, fees, room and
				board, books and supplies, personal expenses, and transportation while
				attending part-time at an approved institution.
(I) Financial resources shall be the amount
				of financial assistance (scholarship, grant, work) awarded to the applicant by
				the approved institution and the amount of the applicant's expected family
				contribution as calculated annually by the United States Department of
				Education as a result of an official federal need analysis based on the
				student's federal need-based application form.
(J) Initial recipient shall be any applicant who meets
				the eligibility requirements and is awarded and received a competitiveness
				scholarship for the first time.
(K) MDHE means the Missouri Department of Higher
				Education created by section
				173.005,
				RSMo.
(L) Part-time student shall
				be any undergraduate student who is enrolled less than full-time but at least
				half-time in a degree program as defined by the approved private or public
				Missouri institution.
(M) Renewal
				recipient shall be any applicant who received a competitiveness scholarship as
				an initial recipient under the competitiveness scholarship program and meets
				the eligibility requirements under the provisions of this rule and requirements
				as defined by the approved institution and is awarded and received a renewable
				competitiveness scholarship under the competitiveness scholarship program at an
				approved institution in Missouri.
(N) Resident of Missouri is any person who meets the
				requirements for resident status for Missouri as set forth by the CBHE in
				6 CSR
				10-3.010, the residency rule for higher
				education.
(O) Satisfactory
				academic progress shall be a cumulative grade point average (CGPA) of at least
				two and one-half (2.5) on a four-point (4.0) scale or the equivalent on another
				scale and, with the exception of grade point average, as otherwise determined
				by the approved institution's policies as applied to other students at the
				approved institution receiving assistance under Title IV financial aid programs
				included in the Higher Education Act of 1965. Calculation of CGPA shall be
				based on the approved institution's policies as applied to other students in
				similar circumstances.
(P)
				Undergraduate student shall be any student who has not obtained a first
				baccalaureate degree.