Powers and Duties. The Tinian Municipal Scholarship board shall: (a) Establish policies pertaining to higher education financial assistance consistent with this chapter; (b) Administer the higher education financial assistance program for eligible residents of Tinian as authorized under this chapter; (c) Have control of all funds made available to the board; (d) Advertise the availability of scholarship assistance, which scholarship assistance shall include any and all funds appropriated, raised or donated to or by the Tinian Municipal Scholarship Board, including any loan programs which may be established; (e) Establish priorities for field of study for which scholarship assistance will be granted; (f) Receive, review, approve or reject all applications for scholarship assistance or loans from the Tinian Municipal Scholarship Board; provided that the board shall state in writing the reason for rejecting an application; (g) Establish criteria for eligibility for scholarship assistance, which shall include, but not be limited to: (1) The financial status of the applicant; (2) The financial capability of the family of the applicant; (3) The minimum academic performance required for continued eligibility and receipt of scholarship assistance. (h) Have the authority to formalize ways and means for fundraising; (i) Issue an annual report to the mayor, the Tinian & Aguiguan Legislative Delegation, and the Tinian Municipal Council which shall include, but not be limited to, its policies, financial status, progress reports on each student receiving assistance from the board, listing of students by school attended and school year and any other information which the board, the council, the mayor or the delegation may deem appropriate. Such reports shall be made available to the general public, except for the progress reports on students, which shall be confidential. (j) Be authorized to use funds from the scholarship fund to provide job skills training and workshops for Tinian government employees. Training and workshops may take place within or without the geographical boundaries of the Commonwealth. (k) Be authorized to establish an Educational Loan Program, set criteria for eligibility, issuance, and award of said loan program, and promulgate rules and regulations deemed necessary to execute program.
(l) Subject to the availability of funds, establish a necessary office, and hire an administrator for the Tinian Municipal Scholarship and hire or retain such other employees or professionals as may be needed from timeto-time, by the Scholarship Office; and (m) Promulgate rules and regulations, not inconsistent with this chapter, deemed necessary to execute the provisions and intent of this chapter. Source: TLL 5-2, § 4; amended by Tinian LL 6-3, § 1; repealed and reenacted by TLL 17-12 § 2(2204) (December 4, 2012), modified. Commission Comment: The Commission replaced “this Act” with “this chapter” and changed capitalization in this section pursuant to 1 CMC § 3806.