(a) Determine which students are eligible to receive scholarships under ORS 348.270 and 348.272.
(b) Grant the appropriate scholarships under ORS 348.270 and 348.272.
(c) Make necessary rules for application and distribution of the benefits available under ORS 348.270 and 348.272 and this section.
(d) In awarding scholarships pursuant to its authority under ORS 348.520, give priority to students who are eligible to receive scholarships under ORS 348.270 and 348.272.
(2) The Higher Education Coordinating Commission shall establish rules and procedures necessary to carry out the provisions of ORS 348.270 and 348.272 and this section, including but not limited to the usual and customary rules for analyzing financial need. [1973 c.784 §§2,3; 1997 c.515 §2; 2007 c.71 §95; 2011 c.637 §151; 2013 c.747 §94; 2015 c.513 §16]