Oregon Statutes 408.060 – Monthly payment of financial aid
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(1) The monthly payments provided in ORS § 408.020 shall be allowed to any beneficiary who is enrolled in an approved full-time or part-time course of study or professional training.
Terms Used In Oregon Statutes 408.060
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
(2) Upon receipt of the monthly statement provided for in ORS § 408.050, the Director of Veterans’ Affairs, if the director finds that the monthly statement is correct, shall issue a voucher to the Oregon Department of Administrative Services which shall draw a warrant on the State Treasurer or make an electronic transfer in favor of each beneficiary. The warrant or electronic transfer shall be paid out of the funds appropriated for the administration of ORS § 408.010 to 408.090. [Amended by 1983 c.740 § 129; 2005 c.831 § 3; 2007 c.857 § 3]