Rules & Regulations of the State of Tennessee
Title 0520 - Education
Subtitle 0520-01 - State Board of Education Rules, Regulations, and Minimum Standards for the Operation of the Public School System
Chapter 0520-01-16 - Education Savings Accounts
Section 0520-01-16-.09 - PROVIDERS AND POSTSECONDARY INSTITUTIONS
Current through September 24, 2024
(1) In order to receive pre-approval as required by T.C.A. § 49-6-2607(b), providers, at a minimum, shall:
(2) Providers and eligible postsecondary institutions shall provide Account Holders with a receipt for all expenses paid to the provider or eligible postsecondary institution using ESA funds.
(3) Providers and eligible postsecondary institutions shall not, in any manner, refund, rebate, or share ESA funds with an Account Holder or participating student.
(4) The Department may suspend or terminate a provider from participating in the Program if the Department determines the provider has failed to comply with the requirements of the Act, these rules, or the procedures set by the Department.
(5) All contracts entered into are the responsibility of the private parties involved.
Authority: T.C.A. §§ 49-1-302 and 49-6-2601, et seq.