240.408  Challenger Astronauts Memorial Undergraduate Scholarship Trust Fund.--

(1)  There is created the Challenger Astronauts Memorial Undergraduate Scholarship Trust Fund which shall receive distributions as provided by s. 320.08058. The Comptroller shall authorize expenditures from this fund for Challenger Astronauts Memorial awards pursuant to ¹s. 240.402, and any remaining balances may be expended for education/business partnership programs which involve teacher development strategies pursuant to s. 229.602, upon receipt of vouchers approved by the Department of Education. The Comptroller shall also authorize expenditures from this fund for Challenger Astronauts Memorial Undergraduate Scholarships for students who participated in this program prior to July 1, 1993, provided that such students continue to meet the renewal eligibility requirements that were in effect at the time that their original awards were made. Any balance therein at the end of any fiscal year shall remain therein and shall be available for carrying out the purposes of these programs.

(2)  Matching scholarships may be awarded to math, science, and computer education teachers chosen to participate in the Teacher/Quest Scholarship Program as provided for in the ²K through 12 Mathematics, Science, and Computer Education Quality Improvement Act.

(3)  The Department of Education shall administer this section under rules established by the State Board of Education.

History.--s. 23, ch. 86-156; s. 11, ch. 86-195; s. 14, ch. 89-207; s. 39, ch. 89-278; s. 7, ch. 89-298; s. 2, ch. 89-367; s. 3, ch. 90-236; s. 82, ch. 91-105; s. 8, ch. 92-144; s. 4, ch. 95-282; s. 12, ch. 97-169.

¹Note.--Repealed by s. 11, ch. 97-77.