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3. Have successfully completed at least four dual-enrollment courses or twelve <br /> (12) dual enrollment credit hours. This requirement was waived for 2018 <br /> graduates. <br /> 4. Have completed the FAFSA and submitted all requested verification documents <br /> (if applicable)and completed the College's Foundation scholarship application <br /> by the advertised deadline. These documents must be submitted on an annual <br /> basis. <br /> B. For students who meet all of the criteria set forth in Section I.A., the student's tuition <br /> and required fees at the in-state rate for two years will be covered by this program. <br /> Students who receive an out-of-state designation from the Residency Determination <br /> Service(RDS)will be required to pay the difference in tuition rate. <br /> 1. Funding from federal and state grants, scholarships and outside funding must <br /> be exhausted before the Program begins paying. <br /> 2. The two years of eligibility begins in the fall semester after high school <br /> graduation and ends following the spring semester of the second year. The <br /> summer term between year one and year two is included. No extensions will be <br /> granted. <br /> 3. Textbooks,supplies and other supplemental materials are not covered under the <br /> program. <br /> C. Additional Student Requirements: <br /> 1. Students interested in participating in the program must call (919) 718-7542 , <br /> email promisek14@cccc.edu,or visit www.cccc.edu/promise;College will not <br /> automatically award to students. <br /> 2. Once enrolled, students must continuously meet the financial aid Satisfactory <br /> Academic Progress standards outlined by the state and federal government. <br /> This means students must maintain at least a 2.0 cumulative GPA and complete <br /> at least 67%of all courses attempted at the College. <br /> II. DUTIES AND RESPONSIBILITIES OF THE PARTIES: <br /> A. Board <br /> 1. Board will provide funding for the Program based on estimates provided by the <br /> College. This includes up to$250,000 for Fiscal Year("FY")2022,up to$250,000 <br /> for FY 2023, up to $250,000 for FY 2024 and up to $250,000 for FY 2025 for <br /> students entering their second year of eligibility under the Program. Board shall not <br /> be responsible for any funding that exceeds the estimates for each FY. <br /> 2 <br />