A BILL TO BE ENTITLED
AN ACT to appropriate funds to the north carolina state education assistance authority to be used to support need‑based scholarships for students attending private institutions of higher education.
The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to the North Carolina State Education Assistance Authority the sum of five million one hundred thousand dollars ($5,100,000) for the 2015‑2016 fiscal year and the sum of five million one hundred thousand dollars ($5,100,000) for the 2016‑2017 fiscal year to be used to support need‑based scholarships for students attending private institutions of higher education.
SECTION 2.  This act becomes effective July 1, 2015.