Each grantee shall notify the board before the deadline listed on the grant offer letter as to whether the grantee will accept the grant for the full academic year or a portion thereof. If this information is not received from the applicant by the deadline, the board may withdraw the original grant offer.

(Authorized by L. 1989, Ch. 223, Sec. 7; implementing L. 1989, Ch. 223, Sec. 1-7; effective March 19, 1990.)