W. Va. Code R. § 133-42-7

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 133-42-7 - Awards

7.1. Maximum Award.

7.1.1. No higher education grant award may exceed the amount of tuition and required fees at the institution.

7.1.2. For a student attending an institution covered by a reciprocity agreement provided by W. Va. Code § 18C-5-6, no Higher Education Grant award may exceed the maximum grant award provided for in the reciprocity agreement.

7.2. Award Cycles.

7.2.1. The initial award cycle shall occur in April preceding the beginning of each academic year.

7.2.2. Additional awards may be made throughout the year as funds become available.

7.2.3. Any award made after November 1 shall be only for the second semester.

7.3. Award Selection. -- The Vice Chancellor shall establish criteria to be used in award selection each year based on the amount of funding available for awards. In determining recipients and amounts of awards, the Vice Chancellor for Administration may consider applicants' relative levels of financial need, application filing dates, relative differences in tuition rates across institutions, and/or State policy priorities.

7.4. Award Use. -- A student may use a Higher Education Grant award to cover any part of his or her cost of attendance at an eligible higher education institution.

W. Va. Code R. § 133-42-7