Oregon Administrative Rules
Chapter 575 - HIGHER EDUCATION COORDINATING COMMISSION, OFFICE OF STUDENT ACCESS AND COMPLETION
Division 85 - MODEL HIGHER EDUCATION COMMUNITY SERVICE VOUCHER PROGRAM
Section 575-085-0030 - Allocation and Reallocation

Universal Citation: OR Admin Rules 575-085-0030

Current through Register Vol. 63, No. 9, September 1, 2024

(1) Each participating institution shall receive an initial annual allocation of program funds determined through the following formula: "annual funds available" multiplied by the quotient of "total full-time equivalent students (FTE) for the most recent fall term of enrollment for a participating institution" divided by "total combined full-time equivalent students enrolled for the same period at all participating institutions".

(2) If, after consultation with a participating institution, it appears that allocated program funds will not be expended, the Commission may reallocate all or a portion of that institution's allocation to the other participating institution.

Stat. Auth.: SB 81, Sec. 40 - 44, & 128(9), 1993

Stats. Implemented: ORS 348.427 - 348.433

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