- (1) The purpose of chapter 131-36 WAC is to implement the institutional financial aid fund established by RCW 28B.15.820.
- (2) It is the intent of this chapter to provide for a financial aid program that will be operational in all Washington community and technical colleges.
- (3) Each community college and technical college shall deposit a minimum of three and one-half percent of revenues collected from tuition and services and activities fees in to the institutional financial aid fund.
- (4) These funds shall be used in addition to and not to replace institutional funds that would otherwise support locally administered financial aid programs.
[Statutory Authority: Chapter 28B.50 RCW. WSR 98-15-012, § 131-36-010, filed 7/2/98, effective 8/2/98. Statutory Authority: 1981 c 257. WSR 81-19-113 (Order 90, Resolution 81-66), § 131-36-010, filed 9/23/81.]