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
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