Reference Title: schools; budget balance; technical correction

AN ACT
AMENDING TITLE 15, CHAPTER 13, ARTICLE 2, ARIZONA REVISED STATUTES, BY ADDING SECTION 15-1641.01; RELATING TO UNIVERSITY SCHOLARSHIPS.

Be it enacted by the Legislature of the State of Arizona:

Section 1. Title 15, chapter 13, article 2, Arizona Revised Statutes, is amended by adding section 15-1641.01, to read:

15-1641.01 . Board of regents and university scholarships

THE STATE PUBLIC UNIVERSITIES UNDER THE JURISDICTION OF THE ARIZONA BOARD OF REGENTS SHALL ESTABLISH POLICIES WHICH ASSURE FAIR AND EQUITABLE ACCESS BY ARIZONA STUDENTS FROM PUBLIC, PRIVATE, CHARTER AND HOME SCHOOLS TO SCHOLARSHIPS, INCLUDING TUITION WAIVERS, WHICH ARE ISSUED SOLELY ON THE BASIS OF ACADEMIC MERIT AND FOR WHICH THE UNIVERSITIES ESTABLISH AND ADMINISTER FAIR AND EQUITABLE SELECTION CRITERIA. THE UNIVERSITIES UNDER THE JURISDICTION OF THE ARIZONA BOARD OF REGENTS SHALL REPORT ANNUALLY TO THE BOARD INFORMATION INCLUDING THE NUMBER OF SUCH SCHOLARSHIPS ISSUED ON THE BASIS OF ACADEMIC MERIT TO STUDENTS FROM PUBLIC, PRIVATE, CHARTER AND HOME SCHOOLS.