Virginia Administrative Code (Last Updated: January 10, 2017) |
Title 8. Education |
Agency 20. State Board of Education |
Chapter 100. Regulations Governing Literary Loan Applications in Virginia |
Section 170. Priorities
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Applications shall be placed into priorities on the waiting list as follows:
Priority 1: Applications placed on the waiting list by the Board of Education from school divisions having a composite index less than .6000, and an outstanding indebtedness (including the application considered for release of funds by the Board of Education) to the Literary Fund less than $20 million.
Priority 2: Applications placed on the waiting list by the Board of Education from school divisions having a composite index of .6000 or above, or an outstanding indebtedness (including the application considered for release of funds by the Board of Education) to the Literary Fund greater than $20 million.
Historical Notes
Derived from VR270-01-0009 § 7.2, eff. March 30, 1988; amended, Volume 11, Issue 10, eff. March 8, 1995.