Section 1.06. Check security identification and enrollment of student recipients.

 

(1)  Post-secondary institutions receiving state financial aid checks from the board shall maintain security procedures to protect the checks from theft or loss. Checks shall be secured in a fire-proof locked file, vault or safe during non-office hours.

(2)  Post-secondary institutions shall disburse aid checks to students only after the student has presented positive identification and evidence that the student is or will be enrolled at the institution.

(3)  Checks shall be disbursed by the institution only to those students who are enrolled at least half-time in a certificate, diploma or degree course of study. Courses which are for a high school diploma or its equivalent, are not to be included in the minimum half-time status necessary to receive a check.

(4)  Students who hold an earned bachelor's degree are not eligible for assistance for any of the undergraduate assistance programs administered by the board.

History: Cr. Register, March, 1978, No. 267 , eff. 4-1-78; cr. (3) and (4), Register, April, 1992, No. 436 , eff. 5-1-92.