1. (1) If a participating student whose eligibility for the program that has been certified by the participating institution becomes ineligible for the fund before the expiration of the institutional tuition payment period, the funds shall not be applied to the student's account but shall be returned to the Move On When Ready Program.

2. (2) If a participating student becomes ineligible for the fund at an institution after funds are received by the institution and applied to the student's account (following certification as eligible for the program by the institution) prior to the end of the academic period, the institution shall refund the Move On When Ready Program any portion of the payment that exceeds the institution's direct charges to the student for the period of actual enrollment.

   1. (a) A participating student who drops below the minimum enrollment requirement of 12 hours for full-time status automatically becomes ineligible for the Move On When Ready Program.

3. (3) Each return of funds reported on the Move On When Ready Form shall include:

   1. (a) The name of the participating institution;
   2. (b) The full name and identification number of each participating student;
   3. (c) The action which necessitated the return of funds, and the date of that action;
   4. (d) The direct institutional charges to the student for the academic period involved; and
   5. (e) The amount of the student's Move On When Ready fund for that academic period.

Author: Stephanie C. Dolan

Statutory Authority: Code of Ala. 1975, §16-5-1; Alabama Act 2025-412.

History: New Rule: Published March 31, 2026; effective May 15, 2026.