A. Subject to the State budget, an applicant shall be eligible to renew a scholarship for a subsequent year if the applicant:
(1) Files a FAFSA or separate application by March 1;
(2) Continues to meet the income requirements under Regulation .03 of this chapter;
(3) Continues to enroll and complete at least 12 credits per semester;
(4) Maintains a cumulative grade point average of at least 2.5 on a 4.0 scale or its equivalent for the award period or, failing to do so, provides to the Office evidence, deemed satisfactory by the Director, of extenuating circumstances as described in Regulation .14 of this chapter;
(5) Makes satisfactory progress, as determined by the community college, toward a vocational certificate, a certificate, or an associate degree; and
(6) Continues to be eligible for in-State tuition.
B. Subject to §C of this regulation, a recipient may receive a scholarship only for the shorter of:
(1) A total of 3 years; or
(2) The date that the individual is awarded an associate degree.
C. The Office may extend the duration of an award for up to 1 additional year if, pursuant to Regulation .15 of this chapter, the applicant provides to the Office evidence, deemed satisfactory by the Director, of extenuating circumstances that prevent the recipient from continuous enrollment.