Oklahoma § 70-2404 - Scholarship award - Set-aside of funds - Additional
Full text of Oklahoma Oklahoma Statutes § 70-2404 — Scholarship award - Set-aside of funds - Additional, with citation guidance and answers to common questions.
§ 70-2404. Scholarship award - Set-aside of funds - Additional
selection and allocation criteria - Awards to nonresidents.
A. Scholarships awarded under the Oklahoma Rising Scholars
Award Program shall be awarded to all eligible applicants without
any limitation on the number of scholarships to be awarded in any
year other than the amount of funds available for the scholarship
program and the number of eligible applicants.
B. The Oklahoma State Regents for Higher Education may, at the
time a scholarship is awarded to a student, set aside in the
Oklahoma Statutes - Title 70. Schools
Oklahoma Rising Scholars Award Trust Fund funds for the full fiveyear commitment made to such eligible scholar. For all academic
years, students who have previously received academic scholarships
under the provisions of this act and who have continued at all times
to fulfill the requirements for eligibility to receive academic
scholarships provided in this act shall be given an absolute
priority for continued financial support by the Oklahoma Rising
Scholars Award Program superior to any students who are applying for
such academic awards for the first time.
C. In addition to the qualifications specified in Section 2403
of this title, the Oklahoma State Regents for Higher Education may
adopt additional criteria for selection and allocation of awards
which may include, but are not limited to, consideration of high
school academic performance and personal interviews. The Oklahoma
State Regents for Higher Education shall annually report on the
number of former Rising Scholars Award Program participants who stay
in state as compared to those who leave Oklahoma within five (5)
years of leaving the Award Program. In addition, the Oklahoma State
Regents for Higher Education are hereby authorized to determine a
maximum number of awards or a maximum amount of funding which may go
to nonresident students. Such maximum limitations shall not exceed
twenty-five percent (25%) of the awards or amount of funding in any
category provided in paragraph 2 of subsection A of Section 2403 of
this title.
Added by Laws 1989, c. 375, § 7, emerg. eff. June 6, 1989. Amended
by Laws 1999, c. 241, § 3, eff. June 1, 1999; Laws 2025, c. 482, §
4, eff. July 1, 2025.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 70-2404
What does Oklahoma Statutes § 70-2404 cover?
Section 70-2404 ("Scholarship award - Set-aside of funds - Additional") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. 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 Oklahoma § 70-2404?
A common citation format is "Oklahoma Statutes § 70-2404" (Oklahoma). 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 Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 70-2404 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma 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 Oklahoma.