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Chapter 136A
Section 136A.1313
Topics
Recent History
- 1996 136A.1313 New 1996 c 398 s 32
This is an historical version of this statute chapter. Also view the most recent published version.
136A.1313 FINANCIAL AID AUDITS.
Beginning with audits for fiscal year 1996, in place of the audits provided by the office,
public institutions that administer state grants under decentralized delivery may arrange for
audits of state financial aid awards and tuition reciprocity recipients in conjunction with their
audits for federal financial aid. Audits must be conducted in compliance with guidelines and
materials prepared by the office. The office shall develop a review process including procedures
for responding to audit exceptions. All other institutions under decentralized delivery may arrange
for audits under this section beginning with audits for fiscal year 1997.
History: 1996 c 398 s 32
Beginning with audits for fiscal year 1996, in place of the audits provided by the office,
public institutions that administer state grants under decentralized delivery may arrange for
audits of state financial aid awards and tuition reciprocity recipients in conjunction with their
audits for federal financial aid. Audits must be conducted in compliance with guidelines and
materials prepared by the office. The office shall develop a review process including procedures
for responding to audit exceptions. All other institutions under decentralized delivery may arrange
for audits under this section beginning with audits for fiscal year 1997.
History: 1996 c 398 s 32
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Revisor of Statutes