Pennsylvania Code (Last Updated: April 5, 2016) |
Title 22. EDUCATION |
PART VIII. Higher Education Assistance Agency |
Chapter 121. Student Financial Aid |
SubChapter G. INSTITUTIONAL ASSISTANCE GRANTS PROGRAM |
Section 121.123. Determination of institutional assistance grants
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(a) Institutional assistance grants, established by dividing the total funds available for institutional grants in this program by the number of Pennsylvania State grant recipients certified to the Agency by the participating institutions, will be paid to an eligible institution in either a lump sum or in installments at the discretion of the Agency. The institutional assistance grants shall be in a number equal to the number of full-time equivalent students receiving assistance from the Pennsylvania Higher Education Grant Program or the POW/MIAs Education Program certified as enrolled during the academic year except those intra-year transfer students from any other eligible institution. The following are examples:
(1) If a student enrolls in eligible institution A, the institution shall receive an institutional assistance grant by reason of the enrollment if, as of the date of the Eligibility Certification Listing, the student either had been enrolled at least half time for at least one complete semester, trimester or quarter of the academic year or is enrolled at least half time for the current semester, trimester or quarter.
(2) If a student enrolls in eligible institution B during the academic year as a transfer student from an institution other than an eligible institution, institution B shall receive an institutional assistance grant by reason of the enrollment if, as of the date of the Eligibility Certification Listing, the student had been enrolled at least half time for at least one complete semester, trimester or quarter of the academic year or is enrolled at least half time for the current semester, trimester or quarter.
(3) If a student enrolls in eligible institution B during the academic year as a transfer student from eligible institution A, institution B will not receive an institutional assistance grant during the academic year if by reason of the students enrollment an institutional assistance grant has been paid or will be paid to eligible institution A by reason of the students previous enrollment in institution A during the same academic year.
(b) For purposes of this section, an Eligibility Certification Listing is defined as a listing created by the Agency for the institution to use in certifying the enrollment of students for the purpose of determining the institutions entitlement to institutional assistance grants.
The provisions of this § 121.123 adopted December 27, 1974, effective December 28, 1974, 4 Pa.B. 2485; amended July 20, 1979, effective July 21, 1979, 9 Pa.B. 2392; amended July 12, 1996, effective July 13, 1996, 26 Pa.B. 3321; corrected November 15, 1996, effective July 13, 1996, 26 Pa.B. 5640. Immediately preceding text appears at serial pages (218173) to (218174).
Notation
The provisions of this § 121.123 amended under section 4 of the act of August 7, 1963 (P. L. 549, No. 290) (24 P. S. § 5104); section 1 of the act of January 25, 1966 (P. L. 1546, No. 541) (24 P. S. § 5151); the act of July 18, 1974 (P. L. 483, No. 174) (24 P. S. § § 51815189); the act of July 1, 1988 (P. L. 1259, No. 155) (24 P. S. § § 51915197); and the act of June 26, 1992 (P. L. 322, No. 64) (24 P. S. § § 5198.15198.7).