Code of Maine Rules
94 - INDEPENDENT AGENCIES
457 - FINANCE AUTHORITY OF MAINE (FAME)
Chapter 601 - THE MAINE STATE GRANT PROGRAM (MSGP)
Section 457-601-2 - Student Eligibility
Current through 2024-38, September 18, 2024
To be eligible for consideration for the Program the student must be a full-time student or a part-time student and meet each of the following eligibility criteria:
A. The student must be a U.S. citizen or an eligible noncitizen as defined in Title IV of the Higher Education Act of 1965, Section 484, as amended, United States Code, Title 20, Section 1091; and the regulations, guidelines and procedures promulgated by the Secretary of Education and published in the Federal Register pursuant thereto.
B. The student must be a resident of the State and shall have graduated from an approved secondary school (or matriculated at an approved post-secondary school prior to high school graduation) or successfully completed a general education development examination or its equivalent.
C. The student must be accepted for enrollment as an undergraduate in an eligible program of study or be in good standing as an undergraduate for a first baccalaureate degree at an institution of higher education according to the prescribed standards, regulations, and practices of that institution; meet the required academic standards for admissions and have not received a previous baccalaureate degree and qualify under Section 6.
D. The student must have need as determined by the Authority pursuant to Section 5.
E. The student must not owe a refund to or be in default of any educational grant or loan programs.
F. The student must annually apply to participate in the MSGP by completing such application forms as may be designated by the Chief Executive Officer and filing the complete application with the designated recipient by the deadline established each year by the Authority.
Whether a student is an independent student or a dependent student shall be determined on the basis of the applicant's information reported on the required application and is subject to verification by the institution.