Kansas Statutes 74-32,432. Same; proration of insufficient appropriation for non-tiered grant aid, when; overpayments; underpayments
Terms Used In Kansas Statutes 74-32,432
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Board: means the board of education of any school district or the board of trustees of any community college. See Kansas Statutes 74-32,253
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
- State board: means the state board of regents. See Kansas Statutes 74-3275
- Technical college: means an educational institution that formerly was an area vocational school or an area vocational-technical school and that has been converted to, established as, and officially designated a technical college under authority of this act. See Kansas Statutes 74-32,407
- Term: means one of two or more substantially equivalent divisions of the academic year of an eligible institution. See Kansas Statutes 74-3284
(a) If the amount of any appropriation for non-tiered course credit hour grant aid is insufficient to pay in full the amount each technical college is eligible to receive, the amount appropriated shall be prorated among all technical colleges in proportion to the amount each is eligible to receive.
(b) If any technical college is paid more than the amount it is eligible to receive, the state board shall notify the technical college of the amount of the overpayment and the technical college shall remit the same to the state board and the state board shall deposit the same in the state treasury to the credit of the general fund, and if any such technical college fails to remit, the state board shall deduct the excess amount so paid from future payments becoming due to such technical college.
(c) If any technical college is paid less than the amount it is eligible to receive, the state board shall pay the additional amount due at any time within the fiscal year in which the underpayment was made or within 60 days after the end of such fiscal year.
(d) As used in this section, the term “non-tiered course” shall have the same meaning ascribed thereto in Kan. Stat. Ann. § 71-1802, and amendments thereto.