N.H. Admin. Code § Ed 804.03 - EFA Disbursement
In addition to the requirements under RSA 194-F:4, VIII, the following shall apply to EFA disbursement:
(a) Beginning in state fiscal year 2023 and every year after, funding shall be disbursed 4-times per state fiscal year, in accordance with RSA 198:40-a and the EFA disbursement schedule in Table 804-2 below:
Table 804-1 EFA Disbursement Schedule
|
EFA Funds Available |
Allocated funds to be disbursed state fiscal year |
Per Student Application Verified an Reported to the Department by: |
|
September 1 |
20% |
August 2 |
|
November 1 |
20% |
October 2 |
|
January 1 |
30% |
December 2 |
|
April 1 |
30% |
March 2 |
(b) Applications in Ed 805.01 may be submitted to the scholarship organization throughout the year on a rolling basis, but shall be confirmed complete by the scholarship organization before a parent, guardian, or EFA student shall have access to EFA account funds.
Notes
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