13.0112 Duration and renewal of financial aid.

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(a) Financial aid shall be awarded for one scholastic year at a time unless the board determines financial aid for a specific recipient should be of longer or shorter duration due to special or unique circumstances.

(b) A recipient who complies with the conditions set forth in 13.0112 and his or her financial aid contract and remains eligible shall be given priority consideration for renewal of financial aid in the category initially awarded to complete the recipient’s chosen area of study or research when the recipient applies for renewal of the financial rule upon expiration of each financial aid term awarded. Renewal contracts shall be modified in accordance with the board’s current rules.

History: Rule 10-80, eff 20 Aug 80, § 12; repealed and replaced by Rule 1-88. eff 25 May 88, §§1,2.