11 KAR 16:050. Early Childhood Development Scholarship Program

costs.

 

      RELATES TO: KRS 164.518

      STATUTORY AUTHORITY: KRS 164.518(3),

164.748(4)

      NECESSITY, FUNCTION, AND CONFORMITY: KRS

164.518(3) requires the authority to promulgate administrative regulations for

administration of the Early Childhood Development Scholarship Program. This

administrative regulation establishes the mechanism for payment of costs

related to the implementation of the Early Childhood Development Scholarship

Program.

 

      Section 1. (1) The ECAC shall prepare and

transmit to the authority by March 1 each year a written projection of the

anticipated number and amount of scholarship awards and monetary incentive

awards for the following academic year.

      (2) The written projection shall reflect

the agreement between ECAC and the authority concerning the amount of funds

available for the Early Childhood Development Scholarship Program that the

authority may expend for costs incurred by the authority related to

administration of the program. (27 Ky.R. 1372; Am. 2112; eff. 2-5-2001; 40

Ky.R. 94; eff. 9-9-13.)