La. Admin. Code tit. 28 § IV-1307

Current through Register Vol. 50, No. 9, September 20, 2024

Section IV-1307 - Annual Application for Participation in, and Certification of Recipients of the LEAP Program

A. Annually, the board forwards LEAP institutional participation agreements to those schools participating in the program during the prior award year, and upon written requests received, to schools not participating in the LEAP Program during the prior award year. To be eligible for allotment of LEAP funds the institution must meet all of the following requirements:

1. complete and return the annual LEAP application by the specified deadline; and

2. certify that students and parents will not be charged a fee for the collection of information used to determine the student's eligibility for LEAP; and

3. certify that students listed on the recipient roster meet federal, state and institutional specific LEAP eligibility criteria; and

4. certify that if the institution's LEAP allotment is based in part on the financial need of independent students, as defined by the U.S. Department of Education, a reasonable portion of the institution's allotment is being made available to independent students; and

5. certify that each LEAP recipient's total package of aid does not exceed the student's financial need; and

6. certify that LEAP funds recovered from over awards, refunds, and/or repayments, as defined in §301, during the applicable award period shall be returned to the board to be reissued to other qualified students. Funds recovered from over awards, refunds and/or repayments after the applicable award period shall be returned to the board for return to the U.S. Department or Education and/or the state of Louisiana. The amount of over award, refund and/or repayment shall be determined according to the school's policy established in accordance with federal regulations;

7. certify that it has notified each eligible student that the grant is a LEAP grant which is funded by the state of Louisiana and the federal government.

B. Annually, the board provides eligible institutions an official allotment schedule, recipient roster and institution certification forms. Institutions are required to:

1. complete and return recipient rosters and institutional certification forms to ensure expenditure of allotted LEAP Awards by the school specific deadlines of November 1 for public and LAICU member two- and four-year colleges and universities and January 1 for campuses of Louisiana Technical College and proprietary institutions; and

2. submit changes to the recipient roster by completing a replacement roster, provided by the board; and

3. certify that if any LEAP funds are released in error to ineligible students, the institution will either recover the award amount from the students and refund to the board or remit the refund due.

La. Admin. Code tit. 28, § IV-1307

Promulgated by the Board of Regents, Office of Student Financial Assistance), LR 44541 (3/1/2018).

AUTHORITY NOTE: Promulgated in accordance with R.S. 17:3021-3031 and R.S. 17:3129.7.