Mich. Admin. Code R. 390.1756

Current through Vol. 24-19, November 1, 2024
Section R. 390.1756 - APTG program grant computation

Rule 6. Postsecondary schools participating in the APTG program shall make awards to eligible students consistent with all of the following provisions:

(a) APTG program funds awarded in combination with other student financial aid received shall not exceed the amount of financial need as determined by the school. The APTG award itself shall not exceed $600.00 per academic year.
(b) APTG program funds shall not be disbursed to any eligible student for more than a cumulative total of 24 months of enrollment at any participating school.
(c) Award priority shall be given to eligible students with the greatest financial need as determined by the school.
(d) APTG program awards shall not be counted as income for purposes of determining eligibility for social services assistance administered pursuant to Act No. 280 of the Public Acts of 1939, as amended, being S400.1 et seq. of the Michigan Compiled Laws.
(e) Refund arrangements to the campus APTG program account shall follow the institution's official refund policy. Refunds to the campus APTG program account shall be made in cases where the student terminates eligibility between terms or semesters of the award period. Final eligibility for payment within an enrollment period shall be a function of the student's status on the enrollment count date established by the institution.
(f) Continued APTG program eligibility shall be a function of the financial need demonstrated and the APTG funds available at each participating postsecondary school if a recipient transfers from one institution to another.
(g) All APTG funds provided by the authority shall be used for student awards within the state fiscal year for which the funds were appropriated. This language shall not prevent schools from making APTG awards consistent with an academic year cycle which would begin on or after August 1.
(h) A grant awarded to a student shall carry the APTG program title on communications made to the student recipient by the postsecondary school involved.

Mich. Admin. Code R. 390.1756

1988 AACS