AN ACT relating to scholarships.

Amend KRS 164.7879 to require the Kentucky Higher Education Assistance Authority to annually adjust the Kentucky education excellence scholarship (KEES) based on the Consumer Price Index; permit the authority to annually adjust KEES supplemental awards based on the Consumer Price Index; require that KEES award adjustments be paid at the most recent calculation for the academic term in which a student utilizes their award; prohibit decrease in KEES awards; amend various statutes to conform.