A BILL TO BE ENTITLED
AN ACT to appropriate funds for additional Scholarship loans for prospective teachers and to increase the amount of existing scholarship loans.
The General Assembly of North Carolina enacts:
SECTION 1.  There is appropriated from the General Fund to the Board of Governors of The University of North Carolina, Scholarship Loan Fund for Prospective Teachers, the sum of three million nine hundred fifty thousand dollars ($3,950,000) for the 2006‑2007 fiscal year to increase the scholarship amount for holders of existing scholarships and to provide an additional 800 scholarship loans a year from the Fund.
SECTION 2.  This act becomes effective July 1, 2006.