Virginia Administrative Code
Title 8 - EDUCATION
Agency 40 - STATE COUNCIL OF HIGHER EDUCATION FOR VIRGINIA
Chapter 180 - VIRGINIA FOSTER CARE TUITION GRANT REGULATIONS
Section 8VAC40-180-30 - Amount of awards and award restrictions
Current through Register Vol. 40, No. 16, March 25, 2024
A. Community colleges must provide awards, when combined with other gift aid, sufficient to cover, at a minimum, tuition and mandatory fees.
B. Richard Bland College and baccalaureate public institutions of higher education may provide awards, when combined with other gift aid, sufficient to cover at a minimum tuition and mandatory fees.
C. Awards are subject to the following restrictions:
D. A student who receives an award and who during a term withdraws from the institution that made the award must surrender the balance of the award. In determining the earned portion of the award that the student may retain, the institution shall apply the percentage of earned aid resulting from the federal return to Title IV formula to the student's award amount.
E. A student who has a change in enrollment, such as adding or dropping one or more courses, must have his award reevaluated by the institution to ensure that the award conforms with the restrictions under subsection C of this section.
Statutory Authority: § 23.1-601 of the Code of Virginia.