A BILL TO BE ENTITLED
AN ACT to provide additional funds to the North Carolina state education assistance authority to be used to support need‑based scholarships for students attending private institutions of higher education.
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 five million dollars ($5,000,000) in additional recurring funds for the 2019‑2020 fiscal year to be allocated to the North Carolina State Education Assistance Authority to be used to support need‑based scholarships for low‑ and middle‑income students attending private institutions of higher education.
SECTION 2.  This act becomes effective July 1, 2019.