Mich. Admin. Code R. 390.1725 - MEOG award computation

Rule 5.

(1) Postsecondary schools participating in the MEOG program shall make awards to eligible students consistent with all of the following provisions:

(a) The MEOG funds awarded in combination with other student aid received shall not exceed the amount of financial need as determined by the school. The MEOG award itself shall not exceed $1,000.00 per year.

(b) MEOG award priority shall be given to eligible students with the greatest financial need as determined by the school.

(c) MEOG funds shall not be paid to any eligible student for more than a total of 10 semesters or 15 terms of full-time study at any particular school. To monitor the amount of cumulative MEOG assistance provided, participating schools shall charge recipients with a semester or term count for each enrollment period in which MEOG funds are paid according to the following schedule:

(i) Full-time enrollment at a semester school equals a 1.5 count per enrollment period.

(ii) Full-time enrollment at a term school equals a 1.0 count per enrollment period.

(iii) Half-time enrollment or more than half-time enrollment but less than full-time enrollment at a semester or term school equals a 0.5 count per enrollment period. A cumulative semester or term payment count of 15 or higher at any particular institution shall eliminate the student from the MEOG program at that institution. Each postsecondary school participating in the MEOG program shall maintain and monitor cumulative institutional records regarding individual student participation according to the schedule outlined in this subdivision.

(d) Refund arrangements to the campus program account shall follow the institution's official refund policy. Refunds to the campus MEOG program account shall be made in cases where the student terminates eligibility between terms or semesters of the award period. Final eligibility for payment within an enrollment period shall be a function of the student's status on the enrollment count date established by the school.

(e) Continued MEOG program eligibility shall be a function of the financial need demonstrated and the MEOG funds available at each participating postsecondary school if a recipient transfers from one institution to another.

(f) All MEOG funds provided by the authority shall be used for student awards within the state fiscal year for which the funds were appropriated. This language shall not prevent schools from making MEOG awards consistent with an academic year cycle which would begin on or after August 1.

(g) A grant awarded to a student shall carry the MEOG program title on communications made to the student recipients by the postsecondary school involved.

(2) Nothing in these rules shall preclude the campus financial aid administrator from exercising professional judgment and disregarding all or a portion of assets when deemed appropriate by the financial aid administrator in determining eligibility.

Notes

Mich. Admin. Code R. 390.1725

1988 AACS