New Hampshire Code of Administrative Rules
Pos - Postsecondary Education Commission
Chapter Pos 1300 - GRANITE STATE SCHOLARS PROGRAM
Part Pos 1303 - DETERMINATION OF GRANT AMOUNT
Section Pos 1303.01 - Determination of State Match
Current through Register No. 12, March 21, 2024
(a) Each participating institution shall forward a copy of form GSS-100 to the commission indicating the following:
(b) Each form GSS-100 received by the commission on or before May 1 of each year shall be considered as being timely filed. When May 1 occurs on a Saturday or Sunday, the receipt date shall be the Monday immediately following May 1.
(c) Forms GSS-100 received after the May 1 deadline shall be considered late and shall not be considered for state matching funds.
(d) The May 1 receipt deadline shall not be appealable.
(e) Within 2 weeks of the receipt by the commission of PEC form GSS-100 reports from all participating institutions or by May 15, whichever is earlier, the commission shall determine the amount of state matching grants for each institution as follows:
(f) In the event that the total amount of state matching grants would exceed the appropriation the grants shall be calculated and disbursed by dividing the actual state matching funds appropriated by the amount of state funds necessary to meet full matching grant amounts.
(g) The commission shall notify institutions of the determination of the amount of state matching grants within 2 weeks.
#7721, eff 6-27-02