Or. Admin. Code § 575-060-0040 - Disbursement
(1) Unless
otherwise specified by the donor, the Commission shall disburse funds to an
institution on behalf of an awardee on an academic term basis.
(2) An institution shall not disburse funds
to an awardee who ceases to meet conditions of award identified by the
Commission.
(3) An institution
shall return undisbursed funds to the Commission within 30 days of
receipt.
Notes
Stat. Auth.: ORS 348.520 - ORS 348.530
Stats. Implemented: ORS 348.520 - ORS 348.530
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