Nebraska Administrative Code
Topic - COORDINATING COMMISSION FOR POSTSECONDARY EDUCATION
Title 281 - COORDINATING COMMISSION FOR POSTSECONDARY EDUCATION
Chapter 8 - GUARANTY RECOVERY CASH FUND
Section 281-8-005 - DISBURSEMENT OF FUND

005.01(A) To reimburse any student injured by the termination of operations by a for-profit postsecondary institution on or after September 1, 2017, for the cost of tuition and fees;

005.01(B) To reimburse any former student of a for-profit postsecondary institution that has terminated operations on or after the operative date of this section for the cost of obtaining such student's student records;

005.01(C) To reimburse the University of Nebraska for reasonable expenses directly associated with the storage and maintenance of academic records pursuant to Neb. Rev. Stat. §§ 85-173 and 85-174 of those students adversely affected by termination of operations by a for-profit postsecondary institution ; and

005.01(D) To reimburse the Nebraska Opportunity Grant Fund for any funds distributed to a for-profit postsecondary institution for an academic term that was not completed by students receiving awards under the Nebraska Opportunity Grant Act due to the termination of operations by a for-profit postsecondary institution after the operative date of this section to the extent such funds are not returned to the Nebraska Opportunity Grant Fund by the for-profit postsecondary institution.