- (1) The department will conduct annual monitoring activities for ongoing eligibility verification and program compliance.
- (2) Annual monitoring activities will be documented on reports established by department staff and stored at the department for the duration of the loan assistance plus five years.
- (3) Disbursements may be made by the department directly to the educational loan servicer or provided to the recipient on a reimbursement basis provided verified loan statements indicating full and timely payments are made available to the department.
Authorizing statute(s): 90-9-203, 90-9-501, MCA
Implementing statute(s): 90-9-502, 90-9-503, 90-9-504, MCA
History: NEW, 2020 MAR p. 570, Eff. 3/28/20.