Payments of funds may be suspended or terminated by the Commissioner of Education or his/her designee if an institution fails to comply with the provisions of section 6451 of the Education Law or any other applicable law, rule, regulation, or fails to comply with the provisions of a contract entered into pursuant to the provisions of such section.
N.Y. Comp. Codes R. & Regs. Tit. 8 §§ 152-1.8