(a) The Chancellor will annually notify community college real estate education coordinators, financial aid officers and other appropriate college staff and officials of the availability of scholarship funds for students enrolled in real estate education courses and programs. Such notification shall include information on the procedures for awarding and applying for funds.
(b) For as long as adequate funding is available, all eligible applicants will be awarded scholarships on a first-come, first-served basis. In the event that funds needed to serve all eligible applicants exceed funding available by more than ten percent (10%), the Chancellor in consultation with the Advisory Committee shall determine standards and procedures for the distribution of the limited funds.
Education Code 66700
Education Code 70901
Business and Professions Code 10450.6
Business and Professions Code 10451.5
(Amended by Register 93, No. 6).