TITLE 10: LOCAL LAWS
DIVISION 3: THIRD SENATORIAL DISTRICT (SAIPAN, ETC.)
§ 3924. Powers and Duties. The board shall: (a) Establish policies pertaining to higher education financial assistance consistent with this article. (b) Administer the higher education financial assistance program for eligible residents of Saipan as authorized under this article. (c) Have authority and control of all funds appropriated by the Saipan and Northern Islands Legislative Delegation or the Commonwealth Government or otherwise made available to the board for higher education financial assistance. The board may designate the chairperson or another member to carry out specific functions relating to the financial management of the funds subject to the authority and direction of the board. (d) Receive and accept from any individual, association or corporation, gifts, grants and donations of money for the purpose of providing higher education financial assistance. (e) Enter into such contracts as are necessary or incidental to the performance of the board's duties and in carrying out the functions of the board under this article. The board may designate the chairperson or another member to execute contracts on its behalf subject to the authority and direction of the board. (f) Record, monitor, and maintain financial records of monies received by the board for higher education financial assistance and for its operational costs. (g) Establish programs for higher education financial assistance including, but not limited to, grants and merit-based scholarships. (h) Set up procedures for awarding higher education financial assistance. (i) Prioritize fields of study for which higher education financial assistance will be granted. (j) Receive and review applications for higher education financial assistance from the board. (k) Establish criteria for eligibility for higher education financial assistance with significant attention to those with special needs, which shall include, but not be limited to: (1) The financial status and capability of the applicants including, the sources of financial support, i.e., the income of parents or guardians; (2) The fields of study to be pursued by the applicants; and (3) The tuition, fees, and room and board to be incurred by applicants. (4) Eligibility to receive other forms of financial aid from the Commonwealth and the Federal governments. (l) Receive, maintain and review records of all higher education financial assistance granted by the board. (m) Issue an annual report to the Mayor of Saipan, to the Saipan and Islands Legislative Delegation, and to the Saipan and Northern Islands Municipal Council which shall include, but not be limited to its policies, financial reports, listing of students by school attended and school year, and any other information
TITLE 10: LOCAL LAWS
DIVISION 3: THIRD SENATORIAL DISTRICT (SAIPAN, ETC.)
which the board, the Mayor, the Legislative Delegation and the Council may deem appropriate. (n) Prescribe reasonably necessary rules and regulations pursuant to 1 CMC §§ 9101 through 9115, Administrative Procedure Act, to carry out the intent of this article. (o) Do any and all other things necessary to the full and convenient exercise of the above powers. Source: Saipan LL13-21, § 5. Commission Comment: SLL 13-21 contained two sections numbered 5. The Commission replaced “section 3921 of this Act” with “10 CMC § 3921” pursuant to 1 CMC § 3806(d).