- (1) Post-secondary institutions receiving state financial aid checks from the board shall maintain security procedures to protect the checks from theft or loss. Checks shall be secured in a fire-proof locked file, vault or safe during non-office hours.
- (2) Post-secondary institutions shall disburse aid checks to students only after the student has presented positive identification and evidence that the student is or will be enrolled at the institution.
- (3) Checks shall be disbursed by the institution only to those students who are enrolled at least half-time in a certificate, diploma or degree course of study. Courses which are for a high school diploma or its equivalent, are not to be included in the minimum half-time status necessary to receive a check.
- (4) Students who hold an earned bachelor’s degree are not eligible for assistance for any of the undergraduate assistance programs administered by the board.
History
History: Cr. Register, March, 1978, No. 267, eff. 4-1-78; cr. (3) and (4), Register, April, 1992, No. 436, eff. 5-1-92.