Administrative Rules of Montana
Department 4 - AGRICULTURE
Chapter 4.23 - STUDENT LOAN ASSISTANCE PROGRAM
Subchapter 4.23.1 - Requirements and Procedures
Rule 4.23.104 - ANNUAL MONITORING AND DISBURSEMENTS
Universal Citation: MT Admin Rules 4.23.104
Current through Register Vol. 18, September 20, 2024
(1) The department will conduct annual monitoring activities for ongoing eligibility verification and program compliance.
(2) Annual monitoring activities will be documented on reports established by department staff and stored at the department for the duration of the loan assistance plus five years.
(3) Disbursements may be made by the department directly to the educational loan servicer or provided to the recipient on a reimbursement basis provided verified loan statements indicating full and timely payments are made available to the department.
AUTH: 90-9-203, 90-9-501, MCA; IMP: 90-9-502, 90-9-503, 90-9-504, MCA
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