Details, Fiction and 34 cash
Details, Fiction and 34 cash
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(1) An establishment may well credit rating a scholar's ledger account with title IV, HEA program resources to purchase allowable costs connected with The present payment period of time. Allowable charges are—
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(four) The Secretary will likely not approve the level of the institution's reimbursement ask for for any student or dad or mum and will not likely initiate an EFT of that quantity into the depository account specified with the establishment, Should the Secretary decides with regard to that scholar or mother or father, and within the judgment of the Secretary, which the establishment has not—
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(one) Submits a ask for for money beneath the provisions in the progress payment approach described in paragraphs (b)(1) and (two) of the section, except the establishment's request may well not exceed the quantity of the disbursements the establishment has made to The scholars included in that ask for; or
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) Make sure the student's selections for obtaining immediate payments are described and introduced in a transparent, actuality-centered, and neutral manner;
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