S.D. Admin. R. 24:40:02:13

Current through Register Vol. 51, page 67, December 16, 2024

Section 24:40:02:13 - Duties of the participating eligible institutions

Each participating eligible institution shall do the following:

(1) Submit to the secretary by August 1 of each year a copy of reports submitted to the federal government indicating the Pell grant expenditures on the campus for the preceding academic year;

(2) Make available, upon request by the secretary, the projected cost of attendance at the institution for the next academic year;

(3) Submit to the secretary institutional policies regarding student refunds and "satisfactory academic progress" criteria and report any modification of the policies;

(4) Process student SIG applications for each school term by

(a) Distributing and collecting student applications;

(b) Verifying eligibility of participating students; and

(c) Calculating each eligible student's allowable unmet need;

(5) Submit student applications and a roster of recommendations for each student's SIG award based upon allowable unmet need to the secretary for any school term not later than 30 days after the beginning of the term in which the institution desires to participate in the program. The roster shall include at least the following information for each student:

(a) Name;

(b) Total amount of available institutional qualifying matching aid together with the transmittal document or warrant number;

(c) Amount of requested direct matched funds award;

(d) Amount of requested indirect match funds award;

(e) Total requested SIG award per school term; and

(f) Student's family income;

(6) Distribute awards to each qualified student SIG recipient and make refunds to the state pursuant to SDCL 13-55A-10; and

(7) Account for each SIG award made to each student and verify by transmittal document or warrant number that any institutional qualifying matching aid has been awarded to and received by the student.

S.D. Admin. R. 24:40:02:13

8 SDR 14, effective 8/18/1981; 8 SDR 171, effective 6/24/1982; 11 SDR 96, 11 SDR 112, effective 7/1/1985; 12 SDR 44, effective 9/24/1985.

General Authority: SDCL 13-55A-11.

Law Implemented: SDCL 13-55A-11.