usually means a card, code, or other means of usage of a economical account, or any blend thereof, Which may be utilized by a college student to initiate electronic fund transfers;
use as collateral) the money for another intent or usually engage in almost any apply that threats the lack of People funds.
(2) An institution seeks reimbursement by distributing on the Secretary a request for resources that doesn't exceed the amount of the disbursements the establishment has manufactured to learners or mother and father included in that request.
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(iv) An institution may not make a late disbursement of any title IV, HEA program guidance Unless of course it been given a sound SAR or a valid ISIR for the coed get more info through the deadline day established because of the Secretary inside a observe published in the Federal Sign up.
(2) The quantity the establishment supplies to the scholar to obtain or order publications and provides is definitely the lesser in the presumed credit rating harmony beneath this paragraph or the quantity needed by the coed, as based on the establishment.
(A) The entire thought for the most lately completed award calendar year, financial and non-financial, compensated or received with the events beneath the conditions with the agreement; and
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To effectuate this provision, an establishment might share information and facts connected with students' enrollment standing While using the fiscal establishment or entity that is certainly party for the arrangement.
These text serve as exceptions. At the time entered, They are really only hyphenated at the specified hyphenation details. Every single word should be over a separate line. Decide on language:
Under the heightened cash checking payment technique, an establishment ought to credit history a college student's ledger account for the amount of title IV, HEA plan funds that the scholar or guardian is suitable to acquire, and pay the amount of any credit rating harmony thanks less than § 668.164(h), before the institution—
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