New Hampshire Code of Administrative Rules
Pos - Postsecondary Education Commission
Chapter Pos 600 - NEW HAMPSHIRE INCENTIVE PROGRAM
Part Pos 601 - GRANT ADMINISTRATION
Section Pos 601.04 - Conditions of Grant
Current through Register No. 40, October 3, 2024
(a) Grants under the New Hampshire incentive program shall be made only to academically qualified, residents of the state pursuing eligible programs at eligible postsecondary institutions and who are eligible for a Pell grant as determined by the federal government from data supplied by the student on the FAFSA.
(b) Grants shall be made only to applicants who have properly completed the application process. Awards shall be restricted to undergraduate students who are enrolled greater than half-time.
(c) No student's total EFC and grant under the New Hampshire incentive program shall exceed the student's cost of attendance as defined under these rules.
(d) No payment shall be made on behalf of a student under this program unless the student is eligible to receive financial assistance under the federal Title IV programs.
(e) Applicants for a grant shall make full and complete application utilizing the FAFSA distributed by the U.S. Department of Education.
(f) No applicant for a grant shall receive preferential treatment.
(g) A student shall receive a grant under the New Hampshire incentive program only so long as the student remains eligible and in no case shall a student receive more than the equivalent of 4 annual full-time grant awards.
(h) Disbursement of grants under this program shall be made on a semester by semester basis in the following manner:
#1611, eff 7-17-80; amd by #2054, eff 6-14-82; ss by #2353, eff 4-27-83; ss by #3036, eff 6-17-85, EXPIRED: 6-17-91
New. #5187, eff 7-23-91; ss by #6398, eff 12-16-96, EXPIRED: 12-16-04
New. #8585, eff 3-17-06; ss by #9423, eff 3-14-09