Current through Register Vol. 50, No. 9, September 20, 2024
A. Annually,
the board forwards LEAP institutional participation agreements to those schools
participating in the program during the prior award year, and upon written
requests received, to schools not participating in the LEAP Program during the
prior award year. To be eligible for allotment of LEAP funds the institution
must meet all of the following requirements:
1. complete and return the annual LEAP
application by the specified deadline; and
2. certify that students and parents will not
be charged a fee for the collection of information used to determine the
student's eligibility for LEAP; and
3. certify that students listed on the
recipient roster meet federal, state and institutional specific LEAP
eligibility criteria; and
4.
certify that if the institution's LEAP allotment is based in part on the
financial need of independent students, as defined by the U.S. Department of
Education, a reasonable portion of the institution's allotment is being made
available to independent students; and
5. certify that each LEAP recipient's total
package of aid does not exceed the student's financial need; and
6. certify that LEAP funds recovered from
over awards, refunds, and/or repayments, as defined in §301, during the
applicable award period shall be returned to the board to be reissued to other
qualified students. Funds recovered from over awards, refunds and/or repayments
after the applicable award period shall be returned to the board for return to
the U.S. Department or Education and/or the state of Louisiana. The amount of
over award, refund and/or repayment shall be determined according to the
school's policy established in accordance with federal regulations;
7. certify that it has notified each eligible
student that the grant is a LEAP grant which is funded by the state of
Louisiana and the federal government.
B. Annually, the board provides eligible
institutions an official allotment schedule, recipient roster and institution
certification forms. Institutions are required to:
1. complete and return recipient rosters and
institutional certification forms to ensure expenditure of allotted LEAP Awards
by the school specific deadlines of November 1 for public and LAICU member two-
and four-year colleges and universities and January 1 for campuses of Louisiana
Technical College and proprietary institutions; and
2. submit changes to the recipient roster by
completing a replacement roster, provided by the board; and
3. certify that if any LEAP funds are
released in error to ineligible students, the institution will either recover
the award amount from the students and refund to the board or remit the refund
due.
AUTHORITY NOTE:
Promulgated in accordance with
R.S.
17:3021-3031 and
R.S.
17:3129.7.
