Or. Admin. Code § 575-060-0040

Current through Register Vol. 64, No. 1, January 1, 2025

Section 575-060-0040 - Disbursement

(1) Unless otherwise specified by the donor, the Commission shall disburse funds to an institution on behalf of an awardee on an academic term basis.

(2) An institution shall not disburse funds to an awardee who ceases to meet conditions of award identified by the Commission.

(3) An institution shall return undisbursed funds to the Commission within 30 days of receipt.

Or. Admin. Code § 575-060-0040

SSC 1-1991, f. & cert. ef. 12-23-91

Stat. Auth.: ORS 348.520 - ORS 348.530

Stats. Implemented: ORS 348.520 - ORS 348.530