N.Y. Comp. Codes R. & Regs. tit. 8 § 2411.1
Current through Register Vol. 46, No. 53, December 31, 2024
Awards shall be paid by the corporation or by the comptroller at the request of the corporation directly to educational institutions for the benefit of each eligible student. During the initial academic year an educational institution shall offer approved programs, the president may make payments and prepayments to the educational institution in installments, in trust, or under such other terms and conditions as the president may deem necessary, to assure such payments shall be expended consistent with statutory and regulatory requirements or shall be available for application to the payment of refunds due.
N.Y. Comp. Codes R. & Regs. Tit. 8 § 2411.1