Section R765-608-6 - Funds6.1. Distribution of Funds. Scholarship funds will be distributed annually to the institutions for disbursement to the awarded students.6.2. Reporting of Funds. Institutions will report annually on the performance of the funds at the fiscal year's end. These reporting measures may include, but are not limited to the following: 6.2.1. the number of awards given,6.2.2. the amount of the award,6.2.3. the recipients' completion of course work,6.2.4. the recipients' anticipated graduation date, and6.2.5. the program in which the recipient is enrolled.Utah Admin. Code R765-608-6