Oregon Administrative Rules
Chapter 575 - HIGHER EDUCATION COORDINATING COMMISSION, OFFICE OF STUDENT ACCESS AND COMPLETION
Division 60 - PRIVATELY FUNDED AWARD PROGRAMS
Section 575-060-0040 - Disbursement
Universal Citation: OR Admin Rules 575-060-0040
Current through Register Vol. 63, No. 3, March 1, 2024
(1) Unless otherwise specified by the donor, the Commission shall disburse funds to an institution on behalf of an awardee on an academic term basis.
(2) An institution shall not disburse funds to an awardee who ceases to meet conditions of award identified by the Commission.
(3) An institution shall return undisbursed funds to the Commission within 30 days of receipt.
Stat. Auth.: ORS 348.520 - ORS 348.530
Stats. Implemented: ORS 348.520 - ORS 348.530
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