Current through Vol. 24-19, November 1, 2024
Section R. 390.1776 - MWSG award computationRule 6.
(1) Postsecondary schools participating in the MWSG program shall make awards to eligible students consistent with all of the following provisions: (a) The MWSG funds awarded, in combination with other student aid received, shall not exceed the amount of financial need as determined by the postsecondary school. The MWSG award itself shall not exceed any ceiling stipulated by the authority.(b) MWSG award priority shall be given to eligible students with the greatest financial need as determined by the postsecondary school.(c) MWSG funds shall not be paid to any eligible student for more than a total of 8 semesters or 12 terms of full-time study at any particular school and degree level. To monitor the amount of cumulative MWSG assistance provided, participating schools shall charge recipients with a semester or term count for each enrollment period in which MWSG funds are paid according to the following schedule:(i) Full-time enrollment at a semester school equals a 1.5 count per enrollment period.(ii) Full-time enrollment at a term school equals a 1.0 count per enrollment period.(iii) Half-time enrollment or more than half-time enrollment but less than full-time enrollment at a semester or term school equals a 0.5 count per enrollment period. A cumulative semester or term payment count of 12 or higher shall eliminate the student from the MWSG program at a given degree level at any particular school. Each postsecondary school participating in the MWSG program shall maintain and monitor cumulative institutional records regarding individual student participation.(d) Unearned MWSG funds may be reawarded within the fiscal year by the school to other eligible students.(e) Continued MWSG program eligibility shall be a function of the financial need demonstrated and the MWSG funds available at each participating postsecondary school if a recipient transfers from one institution to another.(f) All MWSG funds provided by the authority shall be used for student wages within the state fiscal year for which the funds were appropriated. This language shall not prevent a school from making awards and initiating employment consistent with an academic year cycle which would begin on or after August 1.(g) All funds awarded to students shall carry the MWSG title in communications made to student recipients by the schools involved.(2) Nothing in these rules shall preclude the campus financial aid administrator from exercising professional judgment and disregarding all or a portion of assets when deemed appropriate by the financial aid administrator in determining eligibility.Mich. Admin. Code R. 390.1776