Document ID: chunk:federal_register_of_legislation:F2018C00933:reg:7
Version: federal_register_of_legislation:F2018C00933
Segment Type: reg
Provision Reference: reg 7
Character Range: 11623–12839

7  ISSP grant amounts
 (1) Subject to subsection (3), the amount of an ISSP grant to be paid to an eligible higher education provider in a grant year will be an amount that is:
 (a) determined before the start of the grant year in accordance with the method in Schedule 1 of these Guidelines; and
 (b) adjusted after the last business day in April of the grant year in accordance with the method in Schedule 1 of these Guidelines.
 (2) An administering officer must give the notices specified in column 2 of the table in writing to an eligible higher education provider by the date, or in the timeframe, specified in column 3 of the table.

Notice of ISSP grant amounts
Column 1                      Column 2                                                                      Column 3
Item                          Notice                                                                        Date
1.                            Notice of ISSP grant amount as determined before the start of the grant year  24 December of the year before the grant year
2.                            Notice of ISSP grant amount as adjusted during the grant year                 20 business days after the adjustment is calculated