Washington Administrative Code
Title 250 - Student Achievement Council
Chapter 250-72 - Distinguished professorship program
Section 250-72-040 - Reallocation of previously allocated or designated funds
Current through Register Vol. 24-06, March 15, 2024
(1) The board shall reallocate previously allocated funds when an institution has not secured a pledge within one year of notification that funds were available to that institution.
(2) The board shall reallocate previously designated funds when an institution has not received the full amount in private donations within three years from the time that state matching funds have been designated for that institution (based on a pledge for private funding).
(3) An institution shall not be eligible for reallocated funds if it has forfeited allocated or designated funds in the preceding twelve-month period.
(4) The following reallocation guidelines will be utilized by the board:
Statutory Authority: RCW 28B.10.869. 98-22-027, § 250-72-040, filed 10/28/98, effective 11/28/98; 90-16-030, § 250-72-040, filed 7/23/90, effective 8/23/90.