5.5

5.5 Scholarship awards policies are clearly stated and implemented in the Scholarship Policy.

5.5.1 Policy on scholarship awards are indicated in the Scholarships and grant Policy. See attachment.

5.5.2 Periodic review of the effectiveness of financial aid and scholarships; Effectiveness of financial aids and scholarships are discussed during the BOD meetings and registered in the BOD reports.

5.5.3 Statistics pertaining to scholarship grants awarded to students.