Ala. Admin. Code r. 300-4-11-.06

Current through Register Vol. 43, No. 1, October 31, 2024

Section 300-4-11-.06 - Refund Policies And Procedures

Scholarship funds are considered received by a student when the All Alabama Academic Team Recognition Program scholarship funds are credited to the account of the student at the approved institution.

(a) If A student whose eligibility for a scholarship has been certified by an approved institution becomes ineligible for a scholarship before the expiration of the institutional tuition refund period, the scholarship funds shall not be delivered to the student but shall be returned to the Alabama Commission on Higher Education.

(b) If a student becomes ineligible for a scholarship at an approved institution after funds are received by the student (following certification as eligible for an All Alabama Academic Team Recognition Program award) prior to the end of the academic term and is entitled to a refund in accordance with the institution's written refund policy, the institution shall refund to the All Alabama Academic Team Recognition Program any portion of the scholarship payment that exceeds the institution's direct charges to the student for the period of actual enrollment.

(c) Each refund payment to the All Alabama Academic Team Recognition Program shall include;

1. the name of the approved institution involved;

2. the name and Social Security number of the student;

3. the action which necessitated the refund, and the date of the action;

4. the direct institutional changes to the student for the academic term involved;

5. the amount of the student's scholarship payment for the term; and

6. the amount of the refund due the All Alabama Academic Team Recognition Program.

Author: William H. Wall

Ala. Admin. Code r. 300-4-11-.06

New Rule: Filed November 7, 1997; effective December 12, 1997.

Statutory Authority:Code of Ala. 1975, § 16-5-14.