Section 1. In order to encourage needy students to make timely application for enrollment in postsecondary educational programs, and coordinate the State and Federal evaluation and announcement of the student's eligibility to receive financial aid, the Pennsylvania Higher Education Assistance Agency annually, on the fifteenth day of March, shall have the authority to announce the scholarships and educational assistance grants to be awarded by the agency for the next succeeding academic year pursuant to the provisions of the act of January 25, 1966 (P.L.1546, No.541), entitled "An act providing scholarships and providing funds to secure Federal funds for qualified students of the Commonwealth of Pennsylvania who need financial assistance to attend postsecondary institutions of higher learning, making an appropriation, and providing for the administration of this act," and the act of October 11, 1972 (P.L.909, No.216), known as the "Veterans' Education Act of 1971," and the act of October 11, 1972 (P.L.899, No.213), entitled "An act providing scholarships for certain dependents of members of the armed services who while on active duty are taken as prisoners of war or are reported missing in action and making an appropriation," not to exceed the amounts appropriated for the current fiscal year.
(1 amended July 11, 1980, P.L.589, No.126)