Cal. Code Regs. tit. 4 § 9062

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 9062 - Any Remaining Funds

Any Grant funds that have been allocated, but are returned for any reason, will be allocated to the Applicant with the highest scoring evaluation among those Applicants who did not previously receive a grant allocation.

If there are any remaining funds after the Authority's approval of Allocations of all eligible Private Colleges or by June 30, 20xx, whichever is later, the Authority may, in its sole discretion, award grants of those remaining funds to Applicants in a manner that is consistent with the purposes of the Act and this Chapter.

Cal. Code Regs. Tit. 4, § 9062

1. New section filed 10-27-2005; operative 10-27-2005 pursuant to Government Code section 11343.4 (Register 2005, No. 43).

Note: Authority cited: Sections 94140 and 94215.7, Education Code. Reference: Sections 94215, 94215.3 and 94215.7, Education Code.

1. New section filed 10-27-2005; operative 10-27-2005 pursuant to Government Code section 11343.4 (Register 2005, No. 43).