b) Institutional Packaging of Assistance:

1. 1) If the recipient receives other assistance targeted specifically for tuition and fees, the combined assistance shall not exceed the total tuition and fee expenses incurred by the student; and if it does, the institution shall reduce one of the awards accordingly.
2. 2) Notwithstanding the provisions of other ISAC-administered programs, the total amount of a student's gift assistance may not exceed the student's cost of attendance for that institution. Any excess gift assistance is considered an overaward, and the institution is required to notify ISAC to reduce this scholarship and/or other gift assistance to prevent such an overaward.
3. 3) If the recipient is eligible for assistance under MAP, the recipient may not be eligible for a full MAP grant because the Displaced Energy Worker Dependent Transition scholarship must be factored into the financial aid package prior to receiving MAP gift assistance. The institution, however, may request a MAP grant to finance tuition and mandatory fee expenses not paid by this program.

c) Institutional Processing of Payments:

1. 1) Within 30 days after and including the date of receiving payment, the institution shall credit the award toward the recipient's tuition and fee charges for the appropriate term.
2. 2) Institutions are required to reconcile payments, both payment data and actual funds, received through the Displaced Energy Worker Dependent Transition Scholarship Program and, as applicable, submit all necessary corrections to ISAC student records on a timely basis.

3. 3) Within 30 days after the end of an academic term during which the Displaced Energy Worker Dependent Transition Scholarship Program funds are credited to the recipient's tuition and fee charges, institutions must reconcile data received from ISAC as a result of payment claim processing against the eligibility status throughout that term for each student for whom payment claims were made. In reconciling the data with student eligibility, an institution must determine whether:

   1. A) The amount of the claim applied to a student's tuition and fee charges exceeded the amount that the student was eligible to receive for any reason, including as a result of billing errors or retroactive withdrawals; or
   2. B) The amount of the claim applied to a student's tuition and fee charges was less than the amount that the student was eligible to receive for any reason, including as a result of billing errors or retroactive withdrawals; or
   3. C) The amount of the claim applied to a student's tuition and fee charges equaled the amount that the student was eligible to receive.
4. 4) Any institution that determines that the amount of a claim applied to a student's tuition and fee charges either exceeded the amount that the student was eligible to receive or was less than that amount must submit an accounting of all adjustments to ISAC within 30 days after the end of the applicable term.
5. 5) For any claims determined to exceed the amount that the student was eligible to receive, the amount in excess paid for the claims shall be remitted to ISAC within 45 days after the end of the applicable term unless the payment is received after the end of the applicable term. If the payment of claims is made after the end of the applicable term, the institution shall have 60 days after receipt of the payment to complete reconciliation and remit any funds due to ISAC.
6. 6) Award payments made in the name of one recipient cannot be applied to another recipient at the same institution. A refund of the payment must be submitted to ISAC and a supplemental request must be made and processed for the proper recipient.
7. 7) If the institution does not submit refunds as required, ISAC will deduct outstanding refunds from subsequent payments to the institution.
8. 8) To provide sufficient time for processing and vouchering through the State Comptroller's Office, all payment requests except for summer term must be received by ISAC no later than July 1. Summer term payment requests must be received no later than July 31.