Enacts GS 115C-499.1A to provide eligibility requirements for scholarship for minimum wage workers, including the length of time employed in minimum wage work, qualification as legal resident for tuition purposes as established by the University of North Carolina Board of Governors, and admission to a community college basic skills program or postsecondary undergraduate program. Requires the student maintain certain minimum academic achievement levels to continue eligibility. Amends GS 115C-499.3 to set forth the potential scholarship amounts for minimum wage workers, providing for maximum awards between $11,000 and $12,500, depending on eligibility for and amount of Pell Grant funds and deletes previous $4,000 award cap. Provides for priority payment of certain percentages of net income of the scholarship fund, and requires that, where the amount available is insufficient to fund all scholarships, priority is to be given to scholarships for minimum wage workers. Requires that the first scholarships be awarded under the act for the 2012-13 academic year.