New York Codes, Rules and Regulations
Title 8 - EDUCATION DEPARTMENT
Chapter XXII - Additional Institutional Participation In The Tuition Assistance Program
Subchapter B - Tuition Assistance Program Awards For Additional Participants
Part 2411 - Payment Of Awards
Section 2411.3 - Methods of payment
Current through Register Vol. 46, No. 12, March 20, 2024
(a) Educational institutions, except during the initial year it offers approved programs, shall select, from the payment methods described below, the method by which the educational institution chooses to receive award payments for the benefit of eligible students during each academic year. During the initial year an educational institution offers approved programs, such school shall not be eligible for the prepayment method of payment.
(b) Prepayment method.
When historical certification rate is |
TAP prepayment percentage is |
|
Greater than or equal to |
but less than |
|
93% | 100% | 90% |
88% | 93% | 85% |
83% | 88% | 80% |
78% | 83% | 75% |
73% | 78% | 70% |
68% | 73% | 65% |
63% | 68% | 60% |
58% | 63% | 55% |
53% | 58% | 50% |
48% | 53% | 45% |
43% | 48% | 40% |
38% | 43% | 35% |
33% | 38% | 30% |
28% | 33% | 25% |
23% | 28% | 20% |
18% | 23% | 15% |
13% | 18% | 10% |
0% | 13% | 0% |
(c) Lump sum payment method.
Awards may be paid to educational institutions, for the benefit of eligible students, by means of a single check or electronic funds transfer in an amount representing the value of awards to students whose eligibility has been certified to the corporation by the educational institution. A single check will be issued, payable to the educational institution, after the corporation has received and reviewed the roster of applicants whose eligibility has been certified by the educational institution for a term.
(d) Disqualification from prepayment.
The president, for good cause, may disqualify an educational institution from participating in the prepayment method set forth in subdivision (b) of this section or where the educational institution has a history of delinquency in refunding excess prepayments, reduce an educational institution's prepayment percentage to a rate lower than that determined by the method set forth in that subdivision. Good cause shall include revision of the educational institution's academic calendar or revision of the educational institution's programs of study where such revision has an effect upon the calculation of the prepayment percentage, a finding of insufficient administrative practices at the educational institution, the assertion of a claim of refund from the educational institution pursuant to Part 2405 of this Title, or other good cause established to the satisfaction of the president. A disqualified educational institution shall be afforded an opportunity for a hearing within 30 days after such disqualification provided that a written request therefore is served on the corporation within 10 days of notice of such disqualification.