reglab/statecodes huggingface dataset:
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.910 - Applicability of general provisions

Current through May 31, 2024
(a) Unless otherwise
				stated, the provisions of
				20 AAC 15.915 -
				20 AAC 15.990 apply
				generally to the
(1) education loan program
				under
				AS
				14.43.091-
				14.43.160;
(2) consolidation loan program under
				AS
				14.43.122;
(3) memorial education loan program under
				AS
				14.43.250-
				14.43.325;
(4) teacher education loan program under
				AS 14.43.600-
				14.43.700;
(5) family education loan program under
				AS 14.43.710-
				14.43.750;
				and
(6) supplemental education loan
				program under
				AS 14.43.170-
				14.43.175.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.920 - Medical cancellations

Current through May 31, 2024
(a) Notwithstanding
				20 AAC 15.915, an application to cancel a promissory note
				under a term of the promissory note permitting cancellation for medical
				disability is governed by this section.
(b) A borrower seeking cancellation of a loan
				due to medical disability may not obtain cancellation of the borrower's
				obligation if the borrower has sufficient income or financial resources to repay
				the loan. A request for consideration of cancellation must be submitted on a form
				provided by the commission. A physician who practices within the medical field
				covering the disability, who has examined the borrower within the prior 12
				months, and who is licensed to practice medicine in the state where the
				examination took place, must certify that after the date the borrower last
				obtained an Alaska education loan that the borrower
(1) became permanently disabled to the extent
				required under the particular promissory note to obtain cancellation of the note;
				and
(2) as a result of the disability
				became unable for an indefinite period of time to be gainfully employed or attend
				school full-time.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.922 - Institutional eligibility to participate in Alaska education loan programs

Current through May 31, 2024
(a) To
				participate in Alaska education loan programs, an institution must apply for and
				be granted approval under this section.
(b) To be eligible to participate in Alaska
				education loan programs, an institution must meet the requirements of AS 14.43
				and this section and be
(1) authorized under AS
				14.48 and eligible under
				AS
				14.43.120(b);
(2) approved as eligible to participate in
				Alaska education loan programs for the 1995-96 school year;
(3) repealed 1/30/2003;
(4) approved by the United States Department of
				Education, office of financial assistance, for receipt of federal student
				financial aid; or
(5) certified as a
				flight school under  14 C.F.R. Part 141  or Part 142.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.925 - Default rates of students who attended an institution

Current through May 31, 2024
(a) The commission
				staff shall calculate an institutional rate of default under
				AS
				14.43.120(d)(4) as follows:
(1) the denominator in the calculation is the
				total principal balance of those loans that began repayment during a specified
				calendar year and that remained in repayment status for 12 months;
(2) the numerator in the calculation is the
				total principal balance of those loans, described in (1) of this subsection, that
				are in default at the end of 12 months in repayment status;
(3) for any cohort year in which the total
				amount of the education loans made to students to attend an institution is
				$100,000 or less, the default rate shall be calculated as an average of the rates
				for that year plus the two previous years.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.927 - Default rate reduction requirements

Current through May 31, 2024
(a) An institution
				with a default rate calculated under
				20 AAC 15.925 in excess of 20 percent must develop and
				submit a default reduction plan, acceptable to the commission, within 45 days
				after the date of the default rate determination.
(b) An institution that fails to comply with
				(a) of this section is ineligible to receive proceeds of new education loans
				until the required default reduction plan is submitted and determined by the
				commission to be reasonably expected to effect the necessary default
				reduction.
As of Register 160 (January 2002), the regulations attorney
					 made a technical revision under
					 AS
					 44.62.125(b)(6), and in
					 accordance with ch. 85, sec. 45, SLA 2001, to change "student loans" to
					 "education loans" in
					 20 AAC 15.927.
Authority:
AS
					 14.43.105
AS 14.43.120
AS 14.43.320
AS 14.43.630
AS 14.43.730
AS
					 14.43.740
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.930 - Applications

Current through May 31, 2024
(a) The executive director of the commission
				shall appoint staff to review applications for loans. Commission staff shall
				determine an applicant's eligibility under the statutes and regulations
				applicable to the program, whether all requirements for a loan have been met, and
				the amount of the loan award.
(b) A
				borrower, and a cosigner if required under
				AS
				14.43.125(d), must sign a
				promissory note for the loan award. The borrower's parent or legal guardian, who
				meets the eligibility requirements of
				AS
				14.43.125(a)(2) and (4) - (8),
				also must sign the promissory note if the borrower is under 16 years of age. A
				cosigner's signature on a promissory note must be notarized unless authenticated
				through an electronic application and signature process approved by the
				commission. Liability for the loan is limited to the amount of loan money
				disbursed on behalf of the student and applicable interest, loan origination
				fees, and collection costs.
(c) An
				application is timely filed only if it is received on or before the applicable
				deadline and contains all information required to make a determination of the
				applicant's eligibility and the amount of the loan award.
(d) An incomplete application may be returned
				to the applicant with a request for further information. No further action may be
				taken on an incomplete application until it is resubmitted.
(e) Commission staff may require an applicant
				to furnish further information and documents to verify statements on the
				application.
(f) Except for good
				cause shown, as determined by the commission, an application will not be accepted
				for a loan on behalf of a student who has completed the school year or the
				scheduled vocational program period for which the loan is requested.
(g) An applicant shall notify commission staff
				immediately of a change of institution to be attended, dates of attendance,
				program of study, or a change in attendance from full-time or half-time status
				from that stated on the original application.
Authority:
AS
					 14.42.030
AS 14.43.100
AS 14.43.105
AS 14.43.125
AS 14.43.140
AS 14.43.320
AS
					 14.43.630
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.935 - Computation of authorized loan awards

Current through May 31, 2024
(a) A loan award is
				based upon allowable expenses as computed by the enrolling institution and
				approved by the commission. The loan award for a student - enrolled for less than
				a full school year is prorated based upon the actual period of
				attendance.
(b) The minimum
				authorized loan award for an applicant is $500 for a school year.
(c) Loan awards are made subject to funding
				availability.
(d) For students
				enrolled less than full-time, allowable costs of attendance are
(1) tuition and required fees; and
(2) required books, supplies, and
				equipment.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.940 - Limitations on awarding loans

Current through May 31, 2024
(a) A loan may not be
				awarded for
(1) an educational program that is
				a vocational or recreational in nature;
(2) flight instruction leading to certification
				as a private pilot;
(3) a flight
				school program, unless the student holds a private pilot's certificate at the
				time of application for the loan;
(4)
				flight instruction for type ratings or other proficiencies, unless the student
				holds a commercial license at the time of application for the loan; or
(5) a program of study offered outside the
				state in which the institution is located, unless the program's location is based
				upon, and serves, a bona fide educational purpose.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.945 - Conditions and limitations of loans

Current through May 31, 2024
(a) Within 30 days
				after the change, a borrower or cosigner, if any, shall report in writing to the
				commission any change that affects the conditions of a loan or its repayment
				schedule, including any change of the borrower's or cosigner's name or address,
				the borrower's state residency status, or the student's change of institution,
				change in dates of attendance, change in attendance from full-time or half-time
				status, change in enrollment status, or withdrawal or dismissal from the course
				of study for which the loan was awarded. If the student changes institutions
				after the loan was disbursed, the borrower shall submit a revised application
				form.
(b) To be a student in good
				standing for the purposes of
				AS
				14.43.120(c), the student must
				be admitted into a degree or certificate program and attending as a full-time or
				half-time student as those terms are defined in
				20 AAC 15.990(a) and meet the satisfactory
				academic progress requirements of the degree or certificate-granting institution
				that the student is attending. During the period that a student fails to meet the
				requirements of this subsection, the student is not eligible to receive a loan
				disbursement.
(c) If an institution
				has not established minimum requirements for satisfactory academic progress under
				(b) of this section, the minimum academic requirements to remain eligible for
				disbursements of an Alaska education loan are
(1) an undergraduate student must have
				successfully completed 24 semester credits or 36 quarter credits per academic
				year if full-time, and 12 semester credits or 18 quarter credits per academic
				year if half-time; and
(2) a graduate
				student must have successfully completed 18 graduate semester credits or 27
				graduate quarter credits per academic year if full-time, and 12 graduate semester
				credits or 18 graduate quarter credits per academic year if half-time.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.950 - Disbursement and handling of loan awards

Current through May 31, 2024
(a) A loan will be
				disbursed in at least two installments based upon the terms, quarters, or
				semesters used by the institution of attendance. A loan for attendance at an
				institution that does not operate on a term, qumter, or semester system will be
				disbursed in two installments. The first disbursement will be made at the
				beginning of the program and the second will be made at the halfway point, based
				on the dates of attendance for which the loan is made. Disbursements will be made
				in equal amounts unless an eligible postsecondary institution designates
				alternate amounts. the total of which does not exceed the total certified loan
				amount.
(b) Each loan award
				installment and commission disbursement and receipt certification form will be
				sent on behalf of the student to the financial aid office of the institution that
				the student is attending.
(c) Before
				disbursing the loan, the institution of attendance shall certify on a form
				provided or approved by the commission, or by using an alternative method
				approved by the commission, that institutional records indicate as of the
				disbursement day or the business day before disbursement that
(1) the student is eligible for the
				disbursement under
				20 AAC 15.945(b) and (c);
(2) the institution is not disbursing loan
				proceeds in excess of costs allowed under
				AS
				14.43.120(a), after
				considering other financial aid and either
(A)
				the institution's standard budget for the applicable number and type of credit
				hours, or vocational program, in which the student is enrolled, or
(B) the student's documented actual costs for
				the number and type of credit hours, or vocational program, in which the student
				is enrolled; and
(3) the
				institution's records classify the student as an Alaskan resident, if the
				institution maintains records of the residency of students.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.955 - Refunds

Current through May 31, 2024
(a) In the event a recipient of an education
				loan provided under AS 14.43 becomes eligible for a total or partial refund of
				$50 or more, the institution shall, within 30 days of the date that the student
				becomes eligible for the refund, make any refund in excess of any required refund
				under 20 U.S.C.
				1070 - 1100 to the commission, up to the full
				amount of the borrower's loan indebtedness to the commission.
(b) An institution must have a written policy
				for refunding tuition, fees, and other charges if a student withdraws or
				otherwise fails to complete the program of study.
(c) A refund due to the commission under (a) of
				this section or due to the commission as the result of an award exceeding
				allowable costs per
				AS
				14.43.120(a) that totals less
				than $50 may be disbursed to the student.
(d) In the event and to the extent that an
				institution is required to reimburse to the commission an amount the institution
				disbursed in error to a borrower and the institution has not been reimbursed by
				the borrower, the commission will, upon request of the institution, assign to the
				institution its rights to collection of that amount.
As of Register 160 (January 2002), the regulations attorney
					 made a technical revision under
					 AS
					 44.62.125(b)(6), and in
					 accordance with ch. 85, sec. 45, SLA 2001, to change "student loan" to "education
					 loan" in 20 AAC 15.955(a).
Authority:
AS
					 14.43.105
AS 14.43.120
AS 14.43.125
AS 14.43.300
AS 14.43.305
AS 14.43.320
AS 14.43.630
AS 14.43.640
AS 14.43.730
AS 14.43.740
AS
					 14.43.920
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.960 - Repayment of loans

Current through May 31, 2024
(a) For an interest-bearing loan other than a
				family education loan, commission staff shall add accrued interest to the
				principal balance of the loan at the time the borrower is obligated to commence
				repayment under
				AS
				14.43.120(g) or at the end of
				a deferment period under
				AS
				14.43.120(k). The staff shall
				add to the principal balance of the loan the interest that accrued and was unpaid
				due to the borrower's failure to provide
(1)
				the commission staff with the information required under
				20 AAC 15.945(a) to calculate the correct
				date for the commencement of repayment under
				AS
				14.43.120(g); or
(2) notice under
				20 AAC 15.965(b) that eligibility for a
				deferment period under
				AS
				14.43.120(k) has
				ended.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.965 - Deferment of payments

Current through May 31, 2024
(a) In order to
				obtain a deferment of payments under
				AS
				14.43.120(k), a borrower must
				complete a form provided by the commission, showing the borrower's eligibility
				for the requested deferment and acceptance of the term's of the deferment
				agreement. Until the request for deferment is approved by the commission staff,
				the borrower's original repayment schedule continues in effect. If the borrower
				meets the requirements of AS 14.43 .120(k), the commision staff shall approve the
				deferment. If the deferment is approved, the commission staff shall send the
				borrower the deferment agreement.
(b)
				A borrower who has received a deferment shall immediately notify the commission
				if the conditions under which the deferment was granted no longer
				exist.
(c) A borrower who has
				defaulted on a loan is not eligible for a deferment of that loan under
				AS
				14.43.120(k).
(d) For purposes of
				AS
				14.43.120(k), a student who is
				in an internship or residency that is required as part of the program of study,
				and that does not exceed 48 months, is a fulltime student.
(e) For purposes of
				AS
				14.43.120(k)(8), a deferment
				may not be granted
(1) for a condition that
				existed at the time the loan was disbursed, unless the condition has
				substantially deteriorated since the time of the disbursement; or
(2) after denial of a request for medical
				cancellation under
				20 AAC 15.920, unless the condition for which the deferment is
				being requested did not exist at the time of the request for medical
				cancellation.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.966 - Loan forbearance and alternative repayment options

Current through May 31, 2024
(a) Under
				AS
				14.43.120(g) the commission
				may provide a borrower with a loan forbearance or alternative repayment schedule
				to provide a short- or long-term rate of repayment relief. A borrower may not
				obtain a loan forbearance of a family education loan awarded under
				AS
				14.43.710-14.43.750.
(b) If a borrower and the commission agree to a
				period of loan forbearance or an alternative repayment schedule, the commission
				will disclose to the borrower in writing, the financial effect of costs of
				financing the loan.
Authority:
AS
					 14.42.030
AS 14.43.105
AS 14.43.120
AS 14.43.320
AS 14.43.630
AS
					 14.43.730
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.970 - Delinquency and default

Current through May 31, 2024
(a) A loan is delinquent if a loan payment is
				one or more days past due. When a loan payment is
(1) 30 or more days past due, the borrower and
				cosigner, if any, will be notified;
(2) 60 or more days past due, the institution
				of attendance will be notified.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.972 - Income withholding; employer's transmittal of money to agency

Current through May 31, 2024
(a) An order
				under AS
				14.43.147 to an employer to withhold and
				deliver from a borrower's or cosigner's earnings must include notice of the
				exemptions and limitations under AS 09.38 and  15 U.S.C. sec. 1673  on the total
				amount to be withheld. Within three weeks of the receipt of the order, or ten
				days after the employee's next payday if that date is later, the employer shall
				send to the commission the amount withheld from the first paycheck. Thereafter,
				the employer shall send the amount withheld to the commission within 10 days
				after each date the employee is paid.
(b) Within three business days after the
				issuance of an order to withhold and deliver, the commission will mail or
				otherwise deliver a notice to the person whose income is being withheld that an
				order to withhold and deliver has been issued.
(c) Within 60 days after the commission mails a
				notice of wage withholding under (b) of this section, a person may contest
				withholding from the person's income under an order to withhold and deliver by
				submitting a written request for informal review to the executive director, if
				the person
(1) is not the borrower or cosigner
				whose debt is being collected; or
(2)
				has fully repaid the amount due.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.975 - Collection costs

Current through May 31, 2024
The borrower or cosigner, if any, shall pay the costs incurred
				  in the collection of a delinquent loan. Costs of collection may include
(1) court filing costs;
(2) attorney fees;
(3) for a loan transferred to a collection
				agency, the fees charged by that agency; and
(4) for a loan that has not been transferred to
				a collection agency, a monthly late fee of $15 while the loan is 45 or more days
				past due or in default.
Authority:
AS
					 14.43.105
AS 14.43.120
AS 14.43.320
AS 14.43.630
AS 14.43.640
AS 14.43.730
AS
					 14.43.740
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 15 - Student Financial Aid › Article 11 - General Provisions › 20 AAC 15.988 - Relationship of borrower and cosigner

Current through May 31, 2024
(a) Except for a
				purpose described in a provision set out in (b) of this section, the term
				"borrower" or "loan recipient" does not include a cosigner.
(b) For the purposes of
				AS
				14.43.120(h),
				14.43.145,
				14.43.147,
				14.43.150,
				14.43.172(d), and
				14.43.750(a), the
				term "borrower" or "loan recipient" includes a cosigner, if any.
Authority:
AS
					 14.43.105
AS 14.43.120
AS 14.43.172
AS 14.43.320
AS 14.43.630
AS 14.43.640
AS 14.43.740
AS
					 14.43.750
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 1 - Education Grant Program › 20 AAC 16.005 - Purpose of the Alaska education grant program

Current through May 31, 2024
The Alaska education grant program provides higher education
				  grants to residents of this state attending institutions eligible under
				  20 AAC 16.021 and who demonstrate financial need based on
				  information obtained from the free Application for Federal Student Aid (FAFSA).
				  This grant award is available to an eligible student to pay allowable costs of
				  attendance that exceed the sum of any other non-self-help financial aid provided
				  to the student.
Authority:
AS
					 14.42.030
AS
					 14.43.400
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 1 - Education Grant Program › 20 AAC 16.010 - Applicant eligibility

Current through May 31, 2024
(a) An applicant for an AlaskAdvantage
				education grant
(1) must meet the requirements
				of AS
				14.43.415(a);
(2) must be a resident of this state as
				described in
				AS
				14.43.162(b);
(3) repealed 2/22/2015;
(4) repealed 2/22/2015;
(5) must be a United States citizen or
				permanent resident alien;
(6) must be
				admitted and intend to enroll in an undergraduate degree or vocational
				certificate program at a qualifying institution;
(7) repealed 2/22/2015;
(8) repealed 2/22/2015;
(9) must have earned a high school diploma or a
				general educational development (GED) diploma;
(10) may not have a baccalaureate degree;
				and
(11) must meet satisfactory
				academic progress requirements, if a continuing student, according to the
				standards set by the institution of attendance.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 1 - Education Grant Program › 20 AAC 16.015 - Application priority

Current through May 31, 2024
(a) Awards to
				applicants are prioritized and determined in accordance with the following
				criteria in the following order:
(1) lowest
				expected family contribution as reported on the FAFSA;
(2) the applicant's status as a continuing
				award recipient who meets satisfactory academic progress requirements as
				described in
				20 AAC 16.010(a)(11);
(3) enrollment as a full-time student as
				defined under
				20 AAC 15.990(a) or as an on-time student
				under
				AS 14.43.990 and
				20 AAC 15.945(j); and
(4) the earliest FAFSA filing
				date.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 1 - Education Grant Program › 20 AAC 16.021 - Institutional eligibility and responsibilities

Current through May 31, 2024
(a) An institution
				eligible to participate in the Alaska education grant program is described in
				AS
				14.43.415(a)(2)(A), and must
(1) repealed 2/22/2015;
(2) repealed 10/3/2011;
(3) be physically located in this state;
				and
(4) enter into a program
				participation agreement with the commission, and provide the commission with
				documentation and information the commission considers necessary to determine
				whether the school is eligible to participate, including
(A) documentation of participation in a method
				of electronic funds transfer approved by the commission;
(B) documentation of compliance with state and
				federal statutes and regulations relevant to institutional financial,
				administrative, and academic capacity;
(C) periodic reports to the commission as
				needed by commission staff to reconcile and analyze grant program data;
(D) agreement to verify and certify student
				eligibility for grant awards; and
(E)
				agreement to allow commission staff to audit school records related to grant
				money management and student eligibility determinations, as determined necessary
				by the commission.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 1 - Education Grant Program › 20 AAC 16.030 - Application procedure

Current through May 31, 2024
(a) A student
				requesting an Alaska education grant must submit a completed FAFSA to the United
				States Department of Education that results in a valid Institutional Student
				Information Record (ISIR).
(b)
				Repealed 12/28/2008.
(c) An applicant
				may be required to submit supplemental information for the purpose of determining
				the applicant's eligibility for a grant award.
(d) In addition to certification of an
				applicant's eligibility under
				20 AAC 16.010, school staff shall certify award eligibility
				requirements, including that the student
(1) is
				admitted and enrolled in an undergraduate degree or vocational certificate
				program on at least a half-time basis;
(2) has a high school diploma or general
				educational development (GED) diploma;
(3) has unmet financial need; and
(4) repealed 9/4/2014;
(5) meets requirements set out in
				20 AAC 16.034 for an increased grant award.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 1 - Education Grant Program › 20 AAC 16.034 - Priority ranking of applicants

Current through May 31, 2024
(a) Grant
				applications will be awarded based on the financial need of the
				applicants.
(b) The commission will
				award increased grant award amounts to eligible applicants who meet either of the
				following conditions
(1) the applicants are
				enrolled as on-time students under
				AS
				14.43.990 and
				20 AAC 15.945(j); or
(2) the applicants are high school graduates
				described in
				AS
				14.43.915(d).
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 1 - Education Grant Program › 20 AAC 16.037 - Computation of financial need and authorized grant amounts

Current through May 31, 2024
(a) Grant award
				amounts are based on financial need, determined by the student's expected family
				contribution as reported on the FAFSA and by the student's enrollment
				status.
(b) A grant recipient may not
				receive a grant award that exceeds the amount of the student's unmet need, based
				on the student's actual cost of attendance.
(c) A student enrolled at least half-time in a
				non-term-based vocational certificate program that culminates within one academic
				year in a vocational certificate designed to lead to employment is eligible for
				up to the lesser of the annual maximum grant or eligible financial
				need.
(d) Repealed
				2/22/2015.
(e) The maximum grant
				award is determined annually by the executive director of the commission, but may
				not exceed $3,000 per school year for a full-time student, unless the student
				qualifies for an increased grant award under
				20 AAC 16.034, in which case the grant award may be
				increased to up to $4,000 per school year. The commission may prorate grant
				awards for less than full-time attendance.
(f) Repealed 12/28/2008.
(g) If a grant recipient transfers from one
				institution to another institution, and the institution from which the recipient
				transfers has not disbursed grant award money, the grant recipient may transfer
				the money from that institution to the institution to which the grant recipient
				has transferred upon the commission's determination of the grant recipient's
				continued eligibility.
(h) Repealed
				4/4/2013.
(i) Repealed
				2/22/2015.
(j) In annually
				determining the maximum grant award under (e) of this section, the executive
				director of the commission may take into consideration the total funding
				available for grant awards in a school year.
Authority:
AS
					 14.42.030
AS 14.43.405
AS 14.43.410
AS
					 14.43.420
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 1 - Education Grant Program › 20 AAC 16.040 - Grant disbursement and refund

Current through May 31, 2024
(a) The commission
				staff shall distribute available grant money to schools for certified grant
				applicants.
(b) Unless a
				participating school requests an alternative distribution schedule, the
				commission will distribute grant money to the schools on or after the final date
				on which the school permits a student to modify course enrollment without a
				financial penalty.
(c) A school shall
				disburse grant awards in proportionate installments based upon the terms,
				quarters, or semesters used by the institution of attendance. A grant awarded for
				attendance at an institution that does not operate on a term basis shall be
				disbursed in two equal installments. The first installment shall be made at the
				beginning of the program and the second shall be made at the halfway point, based
				on the dates of attendance for which the grant was awarded. Grant awards not
				disbursed to the student within 30 calendar days from the date the money is
				transferred to the institution shall be returned to the commission.
(d) Repealed 2/22/2015.
(e) If a student becomes eligible for a refund
				in excess of $50 or it is determined that the student is overawarded in excess of
				$50, the school shall, within 30 days after the date that the overaward was noted
				or the student became eligible for a refund, make any refund or return of grant
				monies to the commission.
(f)
				Repealed 12/28/2008.
(g) An
				institution may not disburse grant funds to a student who is on an approved leave
				of absence unless the student has already successfully completed the program
				period for which the grant funds were awarded.
(h) an eligible institution is responsible for
				maintaining documentation that the school verified the identity of the student
				before disbursing any grant money to the student.
Authority:
AS
					 14.42.030
AS 14.43.405
AS
					 14.43.406
AS
					 14.43.415
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 1 - Education Grant Program › 20 AAC 16.050 - Complaints and appeals

Current through May 31, 2024
(a) Complaints and appeals regarding
				administration of the Alaska education grant program will be considered under
				20 AAC 15.915.
(b) Appeals based on academic good standing and
				academic progress shall be considered by the applicable school in accordance with
				that school's satisfactory academic progress policy.
The mailing address for the director is: Alaska Commission on
					 Postsecondary Education, 3030 Vintage Boulevard, Juneau, Alaska
					 99801-7109.
In Register 141, April 1997, the regulations attorney
					 corrected the term "executive secretary" to "director" and made other
					 corresponding technical changes to
					 20 AAC 16.050.
Authority:
AS
					 14.42.030
AS
					 14.43.405
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.205 - Purpose of Alaska performance scholarship program

Current through May 31, 2024
The Alaska performance scholarship program provides
				  scholarships for qualified high school graduates under
				  AS
				  14.43.820 who completed a rigorous high school
				  curriculum and demonstrate timely progress toward a qualifying postsecondary
				  certificate or degree. The goals of the Alaska performance scholarship program
				  include improving students' high school performance and preparation for
				  postsecondary education and career success.
Authority:
AS
					 14.42.030
AS
					 14.43.810
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.210 - Applicant eligibility

Current through May 31, 2024
(a) An applicant for an Alaska performance
				scholarship must
(1) meet the requirements of
				AS
				14.43.820(a);
(2) meet the academic eligibility requirements
				of 4 AAC 43 and
(A) if a first-year scholarship
				recipient enrolled in an academic program of study on a
(i) full-time basis, successfully complete a
				minimum of 24 semester credits or the equivalent during that academic year;
				or
(ii) half-time basis, successfully
				complete a minimum of 12 semester credits or the equivalent during that academic
				year; or
(B) if a second-
				or subsequent-year scholarship recipient enrolled in an academic program of study
				on a
(i) full-time basis, have successfully
				completed a minimum of 24 semester credits or the equivalent in the first
				academic year or 30 semester credits or the equivalent in each subsequent
				academic year that scholarship money was received; or
(ii) half-time basis, have successfully
				completed a minimum of 12 semester credits or the equivalent in the first
				academic year or 15 semester credits or the equivalent in each subsequent
				academic year that scholarship money was received; and
(3) meet continuing eligibility
				requirements, including
(A) repealed
				11/16/2012;
(B) if a student other
				than a career and technical school program student, maintenance of a cumulative
				grade point average of at least 2.5 on a 4.0 scale in order to receive a second
				or subsequent disbursement of a scholarship award; or
(C) if a career and technical school program
				student, meeting the satisfactory progress requirements of the career and
				technical school program before receiving a second or subsequent disbursement of
				a scholarship award.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.215 - Application procedure

Current through May 31, 2024
(a) No later than
				June 30 of the year the student intends to enroll in postsecondary education, a
				student attending an institution that is authorized to participate in federal
				student aid programs under
				20 U.S.C.
				1070-
				1099 d (Title IV of the
				Higher Education Act of 1965), and who meets the eligibility requirements of
				20 AAC
				16.210, must annually submit a completed Free
				Application for Federal Student Aid (FAFSA) that results in generation of an
				Institutional Student Information Record (ISIR).
(b) An applicant may be required to submit
				supplemental information to verify eligibility, including verifying FAFSA data
				and institutional certifications.
(c)
				No later than June 30 of the year the student intends to enroll in postsecondary
				education, a student who is attending an institution that is not authorized to
				participate in federal student aid programs under
				20 U.S.C.
				1070-
				1099 d (Title IV of the
				Higher Education Act of 1965), but who meets the eligibility requirements of
				20 AAC
				16.210, must submit a completed alternate application
				provided by the commission.
(d)
				Notwithstanding any other provision in this section, and subject to the
				availability of appropriations, the executive director may consider applications
				from students submitting, after June 30 but put before the end of school yea, a
				completed FAFSA or completed alternate application provided by the
				commission.
Authority:
AS
					 14.42.030
AS
					 14.43.810
AS
					 14.43.820
AS
					 14.43.825
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.220 - Computation of scholarship awards; maximum and minimum amounts

Current through May 31, 2024
(a) Annual maximum scholarship award amounts
				will be calculated in accordance with
				AS
				14.43.825.
(b) Notwithstanding the minimum annual credit
				requirements of
				20 AAC 16.210(a) (2), to be considered a full-time student for
				purposes of calculating the annual scholarship award amount, an otherwise
				eligible student, if
(1) an undergraduate, must
				be enrolled each term in at least 12 semester credit hours or the
				equivalent;
(2) in a graduate degree
				or certificate program, must be enrolled each term in at least nine semester
				credit hours, or the equivalent, applicable to the student's graduate degree or
				certificate program; or
(3) a career
				and technical school program student, must be enrolled in a non-credit hour
				program requiring attendance of at least 30 clock hours per week for not less
				than 12 weeks.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.225 - Award disbursement and refund

Current through May 31, 2024
(a) Subject to
				appropriation, the commission staff shall distribute scholarship money to
				eligible institutions on behalf of award recipients.
(b) The commission staff shall distribute
				scholarship money to eligible institutions on or after July 15 for programs that
				start August 1 or later in that academic year.
(c) An eligible institution may not disburse a
				scholarship award under a power of attorney assignment by the student unless the
				student
(1) has already successfully completed
				the program of study for which the scholarship was awarded; or
(2) is unavailable because the student is in an
				extern program of the school.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.230 - Applicant loss of eligibility; requirements to regain eligibility

Current through May 31, 2024
An applicant who fails to meet the requirements of
				  20 AAC 16.210 becomes ineligible for subsequent scholarship
				  award disbursements until the applicant documents having earned the number of
				  annual credits required under
				  20 AAC 16.210(a) (2) and meeting the grade
				  point average requirements of
				  20 AAC 16.210(a) (3).
Authority:
AS
					 14.42.030
AS 14.43.810
AS
					 14.43.820
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.235 - Institutional eligibility and responsibilities

Current through May 31, 2024
(a) An institution
				eligible to participate in the Alaska performance scholarship program must
(1) have an authorization or exemption under AS
				14.48 and 20 AAC 17;
(2) meet the
				requirements of
				AS
				14.43.830;
(3) enter into a program participation
				agreement with the commission, including the institution's agreement to
(A) verify and certify student eligibility for
				scholarship awards for each term of enrollment; and
(B) allow commission staff to audit school
				records related to management of scholarship money and student eligibility
				determinations as determined necessary by the executive director;
(4) provide third-party
				documentation of institutional financial soundness and capacity to comply with
				the fiduciary responsibility for administering state scholarship money;
				and
(5) provide the commission with
				documentation and information the executive director considers necessary to
				determine whether the school is eligible to participate, including
(A) documentation of participation in a method
				of electronic funds transfer and electronic data exchange approved by the
				commission;
(B) documentation of
				compliance with the program participation agreement and applicable state and
				federal statutes and regulations relevant to institutional financial,
				administrative, and academic capacity; and
(C) periodic reports to the commission as
				needed by the executive director to reconcile scholarship program data, to report
				on program completion rates and other award recipient outcomes, and to obtain
				information needed to meet the requirements of
				AS
				14.43.840.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.237 - Institutional advisory program

Current through May 31, 2024
For the purposes of
				  AS
				  14.43.830(a)(1)(C), a
				  qualifying advisory program is any mandatory program provided by the institution
				  that advises or counsels students with respect to the appropriate courses
				  specific to each individual student's academic progress and options at the
				  institution of attendance, is designed to minimize the time required to earn a
				  degree or certificate, and is designed to maximize the student's benefit from the
				  program of study. The program may be delivered in person or electronically, and
				  must provide, at a minimum, advising relative to course selection, academic
				  progress, time remaining to program completion, career options available to
				  students who complete the program, and options to receive assistance with
				  personal challenges. The institution must be able to document each student's
				  participation in the advisory program.
Authority:
AS
					 14.42.030
AS 14.43.810
AS
					 14.43.830
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.238 - Courses and credits

Current through May 31, 2024
For the purposes of
				  AS
				  14.43.830(a)(1)(D), to comply
				  with the requirement to provide courses and credits that can result in the
				  issuance of a degree or certificate available at the institution within a time
				  frame expected for that degree or certificate, an institution must
(1) publish in its annual catalog the expected
				time to complete the program, based on the planned sequence of course offerings
				at that institution;
(2) clearly
				indicate any courses that must be taken in specific sequence or that are not
				offered each term, and the impact on meeting the timeline for a student who does
				not complete the courses in the recommended order or at the recommended times;
				and
(3) provide options for
				independent study, course substitution, transfer from other institutions, or
				similar options, at no additional cost to the student, if the institution is not
				able to offer the courses required in order to meet the timeline published under
				(1) of this section.
Authority:
AS
					 14.42.030
AS 14.43.810
AS
					 14.43.830
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.240 - Complaints and appeals

Current through May 31, 2024
Complaints and appeals regarding commission's administration
				  under 20 AAC 16.205 -
				  20 AAC 16.250 of the Alaska performance scholarship program
				  will be considered under
				  20 AAC 15.915.
Authority:
AS
					 14.42.030
AS
					 14.43.810
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 2 - Alaska Performance Scholarship Program › 20 AAC 16.250 - Costs of attendance

Current through May 31, 2024
(a) For purposes of
				AS
				14.43.825(e) and
				20 AAC 16.205 - 20 AAC 16.250, costs of attendance for a
				full-time or on-time student include
(1)
				tuition and required fees;
(2)
				required books, supplies, and equipment;
(3) transportation;
(4) room and board; and
(5) an allowance for personal expenses, as
				approved by the executive director.
Alaska Administrative Code › Title 20 - Miscellaneous Boards and Commissions › Chapter 16 - Education Grant and Scholarship Programs › Article 3 - General Provisions › 20 AAC 16.900 - Definitions

Current through May 31, 2024
(a) Unless otherwise provided or the context
				requires otherwise, the definitions in
				20 AAC 15.990 apply to the terms of this chapter.
(b) In this chapter, unless the context
				requires otherwise,
(1) "academic year" means
				the period of time described in
				34 C.F.R.
				668.3;
(2) repealed 2/22/2015;
(3) "expected family contribution" means the
				amount, as reported on the Free Application for Federal Student Aid (FAFSA), that
				a student or the student's family is expected to pay towards the student's cost
				of attendance;
(4) repealed
				2/22/2015;
(5) "ISIR" means the
				Institutional Student Information Record, which is the data generated by the
				United States Department of Education's processing of the FAFSA, as defined in
				34 C.F.R.
				668.2(b);
(6) "school year" has the same meaning as
				"academic year" in this subsection;
(7) repealed 2/22/2015;
(8) repealed 4/4/2013;
(9) "Alaska performance scholarship program"
				means the scholarship program established under
				AS
				14.43.810-14.43.849;
(10) "credit hour" means the basic unit of
				collegiate instruction at an institution, as defined by the institution's
				accrediting body;
(11) repealed
				2/22/2015.