(iii) The processes and time by which the student or parent have to notify the institution that he / she needs to cancel the personal loan, loan disbursement, Instruct Grant, or TEACH Grant disbursement.
use as collateral) the resources for any other intent or otherwise have interaction in any practice that risks the lack of Individuals resources.
(i) The institution could disburse the title IV, HEA application money for which the student is qualified; and
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The Secretary considers extra cash to become any degree of title IV, HEA application cash, apart from Federal Perkins Loan program cash, that an establishment won't disburse to college students by the top in the 3rd small business day pursuing the day the institution—
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(i) An institution situated in a Condition that makes direct payments into a college student by EFT and that enters into an arrangement explained in paragraph (e) or (f) of the area, which includes an establishment that works by using a third-celebration servicer to make those payments, will have to build a variety process less than which the coed chooses certainly one of quite a few choices for acquiring Individuals payments.
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(four) The Secretary won't approve the quantity of the institution's reimbursement ask for to get a pupil or mum or dad and will likely not initiate an EFT of that quantity into the depository account selected by the institution, In the more info event the Secretary determines regarding that college student or guardian, and from the judgment of your Secretary, which the institution has not—
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(ii) The economic account or obtain gadget is cobranded While using the institution's title, brand, mascot, or other affiliation and is particularly promoted principally to students with the establishment; or
IAS 34 Interim Financial Reporting applies when an entity prepares an interim money report, with no mandating when an entity ought to get ready such a report.
equilibrium sheet (statement of financial situation) as of the tip of the present interim period of time plus a comparative balance sheet as of the top in the immediately previous monetary 12 months
(two) For every depository account that features title IV, HEA application funds, an institution located in a State should clearly recognize that title IV, HEA program funds are taken care of in that account by—