34 CFR 690.64 - Determining the award year for a Federal Pell Grant payment period that occurs in two award years.
(2) The institution must determine for each Federal Pell Grant recipient the award year in which the payment period will be placed;
(3) If an institution places the payment period in the first award year, it must pay a student with funds from the first award year; and
(4) If an institution places the payment period in the second award year, it must pay a student with funds from the second award year.
(b) An institution may not make a payment which will result in the student receiving more than his or her Scheduled Federal Pell Grant for an award year.
(Authority: 20 U.S.C. 1070a)
[77 FR 25901, May 2, 2012]
Title 34 published on 2014-07-01
no entries appear in the Federal Register after this date.