New Hampshire Code of Administrative Rules
Pos - Postsecondary Education Commission
Chapter Pos 800 - LEVERAGED INCENTIVE GRANT PROGRAM
Part Pos 802 - AWARDS PROCEDURES
Section Pos 802.01 - Awards to Individual Students
Universal Citation: NH Admin Rules Pos 802.01
Current through Register No. 12, March 21, 2024
(a) Participating institutions shall select individual New Hampshire residents who are full-time undergraduate students and who have completed their freshman year for awards under the leveraged incentive grant program.
(b) The following criteria shall be applied by the participating institutions in making awards:
(1) Awards shall be based on need
and merit;
(2) Recipients
shall make satisfactory academic progress according to the standards
of the institutions he or she is attending as specified under
34 CFR
668.43(c);
(3) The maximum award shall not
exceed the cost of education;
(4) Awards, both from funds of the
State of New Hampshire and from the participating institutions own
accounts, shall not diminish the amount of individual grant aid to
which eligible students are otherwise entitled under the Higher
Education Act of 1965,
20 U.S.C.
1070 et seq, as amended;
and
(5) Participating
institutions shall ensure that awards are made only to New Hampshire
residents.
#6398, eff 12-16-96, EXPIRED: 12-16-04
New. #8587, eff 3-17-06
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