Iowa Admin. Code r. 283-15.4

Current through Register Vol. 47, No. 8, October 30, 2024

Rule 283-15.4 - Award amounts

(1) Awards for eligible students attending Iowa community colleges shall not exceed the remaining tuition and mandatory institution wide fees after applying federal and state nonrepayable aid. However, awards for eligible students enrolled on a full-time basis shall be at least $250 per semester or the equivalent amount if the eligible institution operates on a system other than the semester system. Awards for eligible students enrolled on a part-time basis shall be the same amount prorated based on the number of semester hours, or the equivalent, in which the part-time student enrolls.

(2) Awards for eligible students attending an accredited private institution or eligible institution, as defined in Iowa Code section 261.9, shall not exceed the average tuition and mandatory institution wide fees at Iowa community colleges after applying federal and state nonrepayable aid. However, awards for eligible students enrolled on a full-time basis shall be at least $250 per semester or the equivalent amount if the eligible institution operates on a system other than the semester system. Awards for eligible students enrolled on a part-time basis shall be the same amount prorated based on the number of semester hours, or the equivalent, in which the part-time student enrolls. The average resident tuition and mandatory institution wide fees will be determined by the Iowa department of education.

(3) A student must be enrolled as a regular student in an eligible program that qualifies for Title IV funds. Tuition and institution wide mandatory fees associated only with coursework required for the student's Title IV-eligible program of study can be used to determine the award amount.

Iowa Admin. Code r. 283-15.4

Adopted by IAB August 14, 2019/Volume XLII, Number 4, effective 9/18/2019