W. Va. Code R. § 133-61-8

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

Section 133-61-8 - Notification of Recipients and Fund Disbursement

8.1. The Vice Chancellor for Health Sciences or his or her designee shall notify students of their selection to receive an award.

8.2. Each medical school shall invoice the Commission each year for the amount of funds required to provide the approved number of awards to its students. Once a medical school's invoice is approved by the Vice Chancellor for Health Sciences, the Commission shall disburse funds to the medical school.

8.3. The medical school will apply program funds in the form of a tuition waiver against the recipient's tuition statement for the academic year in which the student receives the program award.

8.4. If a recipient terminates enrollment for any reason during the academic year, the unused portion of the award shall be returned to the Commission by the institution in accordance with the Commission's rule for issuing refunds pursuant to the provisions of West Virginia Code § 18C-5-1 et seq. If the recipient also received federal financial aid, the institution must abide by the refund policy associated with Title IV funds. The institution is responsible for returning the unused portion of the award even if the student does not request a refund from the institution.

W. Va. Code R. § 133-61-8