N.H. Admin. Code § Ed 804.03

Current through Register No. 44, October 31, 2024

Section Ed 804.03 - EFA Disbursement

In addition to the requirements under RSA 194-F:4, VIII, the following shall apply to EFA disbursement:

(a) Beginning in state fiscal year 2023 and every year after, funding shall be disbursed 4-times per state fiscal year, in accordance with RSA 198:40-a and the EFA disbursement schedule in Table 804-2 below:

Table 804-1 EFA Disbursement Schedule

EFA Funds Available	Allocated funds to be disbursed state fiscal year	Per Student Application Verified an Reported to the Department by:
September 1	20%	August 2
November 1	20%	October 2
January 1	30%	December 2
April 1	30%	March 2

(b) Applications in Ed 805.01 may be submitted to the scholarship organization throughout the year on a rolling basis, but shall be confirmed complete by the scholarship organization before a parent, guardian, or EFA student shall have access to EFA account funds.

N.H. Admin. Code § Ed 804.03

Derived from Volume XLII Number 10, Filed March 10, 2022, Proposed by #13345, Effective 2/22/2022, Expires 2/22/2032