La. Admin. Code tit. 28 § IV-2211

Current through Register Vol. 50, No. 9, September 20, 2024
Section IV-2211 - Responsibilities of the Louisiana Office of Student Financial Assistance
A. LOSFA shall provide an on-line application that must be completed by any student who wishes to apply for an M.J. Foster Promise Program award.
B. LOSFA shall determine whether an applicant meets the initial eligibility criteria set forth in §2205.A 1-6, 9-10, and B.
C. LOSFA shall provide a roster of eligible applicants to eligible colleges.
D. LOSFA shall pay each eligible college the amount requested by the eligible college in accordance with the provisions of §2209.E
E. LOSFA shall maintain a database of all students who have received an M.J. Foster Promise Program award, including, but not limited to, all information reported by eligible colleges in accordance with §2209 In the event LOSFA receives a payment request in an amount that would exceed the maximum amount payable to a student, LOSFA will require the school to rebill.
F. Adequacy of Funding. In the event available funding is not sufficient to fund all eligible award applicants, awards shall be provided first to previous award recipients who have met all requirements for maintaining the award and who are continuing in a qualified program for which they previously received an award.
G. LOSFA shall audit eligible Louisiana institutions to ensure compliance with these rules.
H. LOSFA shall enter into Memoranda of Understanding with the Louisiana Department of Public Safety and Corrections, the Louisiana State Police, the Louisiana Department of Revenue, the Louisiana Department of Children and Family Services, the Louisiana Department of Health, and the Louisiana Workforce Commission for the purpose of obtaining data to verify applicant statements and reporting.

La. Admin. Code tit. 28, § IV-2211

Promulgated by the by the Board of Regents, Office of Student Financial Assistance, LR 481097 (4/1/2022), Amended LR 50182 (2/1/2024).
AUTHORITY NOTE: Promulgated in accordance with R.S. 17:3047 et seq.