Or. Admin. Code § 575-085-0030

Current through Register Vol. 63, No. 12, December 1, 2024

Section 575-085-0030 - Allocation and Reallocation

(1) Each participating institution shall receive an initial annual allocation of program funds determined through the following formula: "annual funds available" multiplied by the quotient of "total full-time equivalent students (FTE) for the most recent fall term of enrollment for a participating institution" divided by "total combined full-time equivalent students enrolled for the same period at all participating institutions".

(2) If, after consultation with a participating institution, it appears that allocated program funds will not be expended, the Commission may reallocate all or a portion of that institution's allocation to the other participating institution.

SSC 7-1994,-f. & cert. ef. 1-25-94; OSAC 1-2015, f. & cert. ef. 12/18/2015

Stat. Auth.: SB 81, Sec. 40 - 44, & 128(9), 1993

Stats. Implemented: ORS 348.427 - 348.433