Education Code section 35315

All money in the fund shall be available for making interest-free loans for educational advancement, for scholarship, or for grants-in-aid to eligible persons. An eligible person for such loans shall be any of the following:

(a)

A bona fide organization of a school under the jurisdiction of the governing board of the school district.

(b)

An enrollee at a school under the jurisdiction of the governing board of the school district.

(c)

A graduate of a school under the jurisdiction of the governing board of the school district.

Source: Section 35315, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=EDC§ionNum=35315.­ (updated Jan. 1, 1976; accessed Jun. 30, 2025).

Green check means up to date. Up to date

Verified:
Jun. 30, 2025

§ 35315's source at ca​.gov