1. (a) For purposes of documenting a participant's low-income status the following applies:

   1. (1) In the case of a student who is not an independent student, an institution shall document that the student is a low-income individual by obtaining and maintaining—

      1. (i) A signed statement from the student's parent or legal guardian regarding family income;
      2. (ii) Verification of family income from another governmental source;
      3. (iii) A signed financial aid application; or
      4. (iv) A signed United States or Puerto Rican income tax return.

   2. (2) In the case of a student who is an independent student, an institution shall document that the student is a low-income individual by obtaining and maintaining—

      1. (i) A signed statement from the student regarding family income;
      2. (ii) Verification of family income from another governmental source;
      3. (iii) A signed financial aid application; or
      4. (iv) A signed United States or Puerto Rican income tax return.
2. (b) For purposes of documenting potential first generation college student status, documentation consists of a signed statement from a dependent participant's parent, or a signed statement from an independent participant.

3. (c) A grantee does not have to revalidate a participant's eligibility after the participant's initial selection.

   (Approved by the Office of Management and Budget under control number 1840-0550)

   (Authority: 20 U.S.C. 1070a-11)

[60 FR 4748, Jan. 24, 1995, as amended at 75 FR 65784, Oct. 26, 2010]