.08 Waiting List.

A. An eligible applicant who does not receive an award shall be notified and placed on a waiting list.

B. The Office shall consider students on the waiting list for late scholarship awards if funds become available after awards have been made.

C. Notwithstanding any other provision of this chapter, consideration for a late award shall be given, in the following descending order, to students:

(1) Whose institution reported the applicant’s non-loan aid after the deadline established by the Office;

(2) Who enrolled in the summer semester to maintain the GPA requirement; and

(3) Who applied on time and were eligible for an award but were not awarded due to lack of funds.

D. If funds become available after commencement of the fall semester and are sufficient to issue late awards, the Office shall require the institution to verify the eligibility of students before making late awards.