Guam § 28402 - Benefits.
Full text of Guam Guam Code Annotated § 28402 — Benefits., with citation guidance and answers to common questions.
§ 28402. Benefits.
Students entitled to grants pursuant to this Article shall
receive the following benefits:
(a) A grant amount between Five Hundred Dollars
($500) to Three Thousand Dollars ($3,000) per year based
on financial need. “Financial need” means the difference
between the student’s cost of attendance at the University of
Guam and the student’s expected family contribution
(EFC). Expected Family Contribution (EFC) shall be
determined using the federal methodology pursuant to
subdivision (a) of Section 69506 (as established by Title IV
of the federal Higher Education Act of 1965, as amended
(20 U.S.C. Sees. 1070 et seq.) and applicable rules and
regulations adopted by Board.
(1) Final awards shall be determined by the Board
based on a combination of fund availability, financial
need and application priority due dates.
(2) Award recipients shall remain eligible for
award renewal only if he or she remains a Guam
resident, in attendance, and making satisfactory
academic progress at the University of Guam, as
determined by the Board.
(3) Award recipients shall not receive more than
one (1) type of award concurrently under this Chapter.
Frequently Asked Questions About Guam § 28402
What does Guam Code Annotated § 28402 cover?
Section 28402 ("Benefits.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 28402?
A common citation format is "Guam Code Annotated § 28402" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 28402 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.