(

a) A participating or exempt student, as described in

Section 11331.5, or a deferred student, as described in

Section 11332, shall, not more than four times in a calendar year, receive a one-hundred-dollar ($100) supplement to the amount of aid paid pursuant to

Section 11450. (

b) A participant required to participate pursuant to

Section 11333.5 who successfully completes high school or a California high school equivalency examination shall receive a five-hundred-dollar ($500) supplement. An assistance unit shall not receive a one-hundred-dollar ($100) supplement when a five-hundred-dollar ($500) supplement for the same report card or progress report is paid. The five-hundred-dollar ($500) supplement shall be paid to the teen in the month following submission of the record of completion, if received by the county no later than the 11th calendar day of the month, or in the second month following submission of the record of completion, if received by the county after the 11th calendar day of the month. (c)

(1) For purposes of this section, in a school that provides periodic report cards with letter grades, satisfactory progress means maintaining a grade point average of at least 2.0 on a scale on which A equals 4.0 points and F equals points, and adequate progress means maintaining a grade point average of at least 1.0 on the same scale.

(2) For purposes of this section, in a school or other educational program that does not provide letter grades indicating student performance, satisfactory progress or inadequate progress shall be determined by the school’s regular assessment of periodic progress.