Minn. R. agency 201, ch. 4830, MINNESOTA NATIONAL SERVICE SCHOLARS MATCHING GRANT, pt. 4830.9080

Current through Register Vol. 49, No. 24, December 9, 2024
Part 4830.9080 - INSTITUTIONAL REQUEST AND DISBURSEMENT OF FUNDS FOR GRANTS
Subpart 1.Institutional request.

After verifying a student's eligibility, the eligible institution must submit a written request to the commissioner for payment of the Minnesota National Service Scholars Matching Grant for the student. A copy of the student's certificate of eligibility must accompany the institution's request for payment. The request for payment must verify that the student has received a national service scholarship, indicate the name and address of the postsecondary institution enrolled in by the student, and the academic term for which the award will be used.

Subp. 2.Deadline.

The request for grant money must be received by the commissioner no later than the last day of classes for the fiscal year for which grant money is requested.

Subp. 3.Disbursement of funds.

An institution must not disburse matching grant money unless the student is attending or has completed an academic term during the fiscal year for which the student received a national service scholarship.

Subp. 4.Refunds.

A matching grant award is made for a student's attendance at a specific institution for a term or terms within the state fiscal year. If a recipient fails to attend, the institution must refund the entire award to the commissioner. If a recipient withdraws before completing the term, the institution must determine if a refund is due to the commissioner. Refunds to the office are determined by:

A. calculating the percentage that the matching grant represents of the student's total financial aid package for the applicable term, excluding funds received from federal Title IV programs, United States Code, title 20, sections 1070-1099;
B. calculating the total tuition refund amount using the refund calculation required of schools participating in federal Title IV programs;
C. subtracting the federal aid programs' refund amount from item B to determine the remaining tuition refund amount; and
D. multiplying the percentage in item A by the amount calculated in item C to determine the amount to be refunded to the matching grant program.

Refunded money is available to the commissioner for awards to other eligible students.

Minn. R. agency 201, ch. 4830, MINNESOTA NATIONAL SERVICE SCHOLARS MATCHING GRANT, pt. 4830.9080

23 SR 2224; L 2013 c 99 art 2 s 29

Statutory Authority: MS s 136A.01