Guam § 28202 - Benefits.

§ 28202. Benefits.

Students entitled to awards pursuant to this Article shall

receive the following benefits:

(a) Tuition and Fees at the University of Guam and

the Guam Community College. Tuition and fees for each

academic year will be paid by the Student Financial

Assistance Fund for a period of not more than four (4) years

in an undergraduate program at either the University of

COL6/24/2021

FOR HIGHER EDUCATION

Guam, or the Guam Community College, or both. Merit

award recipients, including recipients that sign the

University of Guam Merit Award Promissory Note and

Merit Award Rules and Regulations contract effective as of

the Fanuchånan Semester of 2020, who are eligible for and

receive the Federal Pell Grant under 20 U.S.C. § 1070a of

the Higher Education Act of 1965, as amended, shall have

their merit award applied to their tuition and fees first for

each academic year.

(b) Stipend. Award recipients are entitled to a

monthly stipend to be disbursed in nine (9) monthly

installments during the academic year, as follows:

(1) First Year and Second Year Students: Three

Hundred Dollars ($300.00) per month.

(2) Third Year and Fourth Year Students: Five

Hundred Dollars ($500.00) per month.

(c) Allowance for Textbooks and School Supplies.

Each student receiving an award under this Article

beginning with students who sign the contract beginning in

the Fanuchånan Semester of 2020 at the University of

Guam or the Guam Community College shall be entitled to

an additional Three Hundred Fifty Dollars ($350.00) per

semester for textbooks and school supplies.

(d) Optional Inter-Session Allowed.

(1) Summer Semester. Each student shall be

entitled to tuition for full time enrollment, fees, and

textbooks.

(2) Between Fall and Spring Semesters. Each

student shall be entitled for tuition for full time

enrollment, fees, and textbooks. Students attending

inter-session between Fall and Spring Semesters shall

not be entitled to an additional stipend.