(i) Served on active duty for a period of more than one hundred eighty days and part of which accrued after January 31, 1955 and who was discharged or released therefrom under conditions other than dishonorable, or who was released or discharged from active duty after January 31, 1955 for a service-connected disability.

(ii) Was a resident of Pennsylvania for at least twelve months immediately preceding his service on active duty, has continued to reside in Pennsylvania following his discharge or release from active duty and continues to reside in Pennsylvania during the period in which he is enrolled in an institution of higher learning. The agency shall make the final determination in all questions of residency.

(iii) Shall satisfactorily meet the qualification of financial need as determined by uniform standards and procedures to be established by the agency and to be determined without regard to the financial status of their parents unless the agency finds that the applicant is in fact receiving parental financial support.