Section 8.09. Distribution of refunds to financial aid sponsors.


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  • All or a portion of any refunds due may be paid to sponsors furnishing grants, loans, scholarships or other financial aids to students, in conformity with federal and state laws, regulations and rules and requirements of financial aid sponsors. After any disbursements to financial aid sponsors have been made, the student shall receive the balance, if any, of the amount due under the school's refund policy.
Cr. Register, December, 1980, No. 300 , eff. 1-1-81; renum. from EAB 8.14, Register, October, 1997, No. 502 , eff. 12-1-97.