A BILL TO BE ENTITLED
AN ACT to appropriate funds to the board of governors of the university of north carolina to increase the state contractual scholarship fund.
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 the sum of eight million one hundred thousand dollars ($8,100,000) for the 2007‑2008 fiscal year to provide scholarship funds for needy North Carolina students attending private institutions of higher education.  These funds shall be disbursed in accordance with G.S. 116‑19 to provide up to one thousand five hundred dollars ($1,500) for each North Carolina student who qualifies for a scholarship and is enrolled at a private institution for the regular academic year.
SECTION 2.  This act becomes effective July 1, 2007.