Beginning with the 2024-2025 School Year, the annual number of eligible students is limited by the following capacity:
(1) in School Year 2025-2026, the program is limited to ten thousand scholarship students; and
(2) in School Year 2026-2027, and for all subsequent school years, the program shall be made available to at least fifteen thousand scholarship students but may be increased through an allocation in the general appropriations act at the direction of the General Assembly, based upon previously unmet demand for scholarships as evidenced by the prior year's applications.