(a) In any year in which sufficient funds are available,
the board may announce the availability and amount of awards and may
create a procedure for awarding match accounts.
(b) By submitting an application, a participant agrees
to all the terms and conditions set forth by the board, Education
Code, Chapter 54, and this subchapter.
(c) Only prepaid tuition units paid in full or college
savings on deposit at the time of the application deadline are eligible
for match.
(d) The board or executive director may conduct or
request investigations to determine initial and continuing eligibility
without obtaining additional consent from the participant when considering
eligibility for an award and after an award has been made.
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