In addition to the requirements under RSA 194-F:4, VIII, the following shall apply to EFA disbursement:

1. (a) Beginning in state fiscal year 2023 and every year after, funding shall be disbursed 4-times per state fiscal year, in accordance with RSA 198:40-a and the EFA disbursement schedule in Table 804-2 below:

   Table 804-1 EFA Disbursement Schedule

   EFA Funds Available

   Allocated funds to be disbursed per state fiscal year

   Student Application Verified and Reported to the Department by:

   September 1

   20%

   August 2

   November 1

   20%

   October 2

   January 1

   30%

   December 2

   April 1

   30%

   March 2

2. (b) Applications in Ed 805.01 may be submitted to the scholarship organization throughout the year on a rolling basis, but shall be confirmed complete by the scholarship organization before a parent, guardian, or EFA student shall have access to EFA account funds.

Source. (See Revision Note at chapter heading for Ed 800) #13345, eff 2-22-22