All moneys and property received by the authority for purposes prescribed in KRS 164.740 to 164.764 are hereby appropriated to the authority for use as prescribed herein. State moneys appropriated that are not spent at the end of the fiscal year shall not lapse.
Moneys of authority appropriated -- Not to lapse
KRS § 164.764, under STATE UNIVERSITIES AND COLLEGES -- COUNCIL ON POSTSECONDARY EDUCATION -- HIGHER EDUCATION ASSISTANCE.
KRS § 164.764