The board shall contract with one nationally recognized financial needs analysis agency which shall determine the financial need of each eligible applicant. The criteria to be used by the board in its selection of an agency shall be service, cost, and convenience for Kansas students, the eligible postsecondary institutions and the board.

Editor's Note:

Effective July 1, 1975, the state education commission was abolished and its powers and duties transferred to the Kansas board of regents. At the board's request, the commission's regulations were transferred to agency 88, article 13. Effective February 15, 1977, the board promulgated new regulations, replacing all regulations formerly promulgated by the commission.

(Authorized by K.S.A. 1976 Supp. 72-6111, 72-6814; effective, E-76-57, Dec. 12, 1975; effective, E-77-5, March 19, 1976; effective Feb. 15, 1977.)