Mich. Admin. Code R. 390.1776 - MWSG award computation
Rule 6.
(1)
Postsecondary schools participating in the MWSG program shall make awards to
eligible students consistent with all of the following provisions:
(a) The MWSG funds awarded, in combination
with other student aid received, shall not exceed the amount of financial need
as determined by the postsecondary school. The MWSG award itself shall not
exceed any ceiling stipulated by the authority.
(b) MWSG award priority shall be given to
eligible students with the greatest financial need as determined by the
postsecondary school.
(c) MWSG
funds shall not be paid to any eligible student for more than a total of 8
semesters or 12 terms of full-time study at any particular school and degree
level. To monitor the amount of cumulative MWSG assistance provided,
participating schools shall charge recipients with a semester or term count for
each enrollment period in which MWSG 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 12 or higher shall eliminate the student from the MWSG program
at a given degree level at any particular school. Each postsecondary school
participating in the MWSG program shall maintain and monitor cumulative
institutional records regarding individual student participation.
(d) Unearned MWSG funds may be
reawarded within the fiscal year by the school to other eligible
students.
(e) Continued MWSG
program eligibility shall be a function of the financial need demonstrated and
the MWSG funds available at each participating postsecondary school if a
recipient transfers from one institution to another.
(f) All MWSG funds provided by the authority
shall be used for student wages within the state fiscal year for which the
funds were appropriated. This language shall not prevent a school from making
awards and initiating employment consistent with an academic year cycle which
would begin on or after August 1.
(g) All funds awarded to students shall carry
the MWSG title in communications made to student recipients by the schools
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
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