(a) A grant made under AS 14.43.400 — 14.43.420 may not be in an amount that exceeds $4,000 for each school year.
(b) [Repealed, § 31 ch 63 SLA 2004.] (c) A student may receive not more than a total of $16,000 in grants awarded under AS 14.43.400 — 14.43.420.
(d) The commission may apply the amounts awarded under AS 14.43.400 — 14.43.420 to a state match required by federal grant programs under 20 U.S.C. 1070c-2.