University Course Grants of three hundred fifty dollars ($350.00) per half course up to two (2) half courses shall be available to those teachers taking courses at a recognized post secondary institution. Effective September 2015 the amount for University Course Grants available to teachers will increase to five hundred dollars ($500.00) per half course up to two (2) half courses. The total sum available for all courses shall increase from ten thousand dollars ($10,000.00) to fifteen thousand dollars ($15,000.00) effective September 2015. In the event that a full allocation of fifteen thousand dollars ($15,000.00) is not applied for, the applicants will be so advised and given the opportunity to apply for a further two half courses, on a first come, first served basis until the Fifteen thousand dollars ($15,000.00) maximum has been reached. Details regarding the application of this clause are described in Board Policy 2.A.215.