Minnesota Administrative Rules

4830.2200 APPLICATION AND DISTRIBUTION OF FUNDS FOR GRANTS.

Subpart 1.

Application by schools.

A school desiring funds for work-study grants must request funds by June 30 each year. The school must submit its estimate of the amount needed to meet eligible student needs for the following school year.

Subp. 2.

Allocation formula.

Funds shall be allocated to each school according to the following formula:

A.

resident full-time equivalent enrollment of each school, divided by the total resident full-time equivalent enrollment of all participating eligible schools;

B.

multiplied by the current fiscal year's appropriation for work-study grants; and

C.

multiplied by the percent of funds for work-study grants actually used by that school during the prior school year.

"Resident full-time equivalent enrollment" means the Minnesota resident full-year enrollment for the year prior to the academic year for which work-study funds are allocated.

Subp. 3.

Modification of allocations.

The commissioner shall allocate funds equal to a school's estimated need if the estimated need is less than the amount determined by the allocation formula.

Subp. 4.

Accountability.

Each participating school shall be accountable for any funds disbursed to students for work-study grants. Funds may be used only during the fiscal year of disbursement. The school must document its efforts to place students with off-campus employers. The percent of the school's allocation provided to graduate students shall not exceed the percent of graduate students in the total enrollment at the participating school.

Subp. 5.

Unused funds.

The school must return funds which the school determines will not be used within 30 days from the date of a request by the commissioner. The commissioner shall reallocate the funds to other participating schools requesting additional funds.

Subp. 6.

Reallocation.

The commissioner shall reallocate funds using the formula specified in subpart 2, items A and B.

Statutory Authority:

MS s 136A.01; 136A.04; 136A.111; 136A.16; 136A.234; 136A.70; 147.30

History:

8 SR 196; 10 SR 2319; 15 SR 1780; 18 SR 1849; 20 SR 2572; L 2013 c 99 art 2 s 29

Published Electronically:

July 1, 2013