Section R7-3-404. Student Eligibility

A.       To be considered for an initial private postsecondary education student financial assistance, an eligible student, as defined in R7-3-402(D) and R7-3-402(G), shall submit a complete pri- vate postsecondary education student financial assistance pro- gram application to the Commission. The application shall contain:

1.        Assurance of acceptance at an eligible institution;

2.        Assurance of attendance as a full-time student;

3.        Written authorization to inspect any of the academic or financial records of the student which are in the posses- sion or under the control of the institution, which records are necessary to the proper administration of the provi- sion of the  Program and the  regulations promulgated thereunder;

4.        A signed statement certifying the student’s understanding that the award will be used for tuition and fee expenses only; and

5.        Agreement to reimburse the Commission the total amount of Program awards in the event the student fails to receive a baccalaureate degree  within a three-year period of the receipt of the initial student financial assis- tance award.

B.       To be eligible for a renewal of a private postsecondary educa- tion student financial assistance, a student shall:

1.        Meet the conditions of R7-3-402(D);

2.        Provide verification of full-time enrollment and satisfac- tory academic progress as determined by the institution for the previous award year; and

3.        Not have exceeded a cumulative total of $3,000 in awards.

Historical Note

Adopted effective September 19, 1996, under an exemp- tion from the Administrative Procedure Act pursuant to

A.R.S. § 15-1852(C) (Supp. 96-3). Amended by exempt rulemaking at 5 A.A.R. 2006, effective May 24, 1999

(Supp. 99-2).