20-26-201. Duties of commissioner of higher education relative to program. The commissioner of higher education shall:

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Terms Used In Montana Code 20-26-201

  • Commissioner: means the commissioner of higher education created by Article X, section 9, subsection (2), of the Montana constitution and 2-15-1506. See Montana Code 20-1-101
  • fund: means a separate detailed account of receipts and expenditures for a specific purpose as authorized by law or by the superintendent of public instruction under the provisions of subsection (2). See Montana Code 20-9-201

(1)adopt policies to administer the Montana resident student financial aid program, including the establishment of criteria for student eligibility that must consider financial need;

(2)determine the amount of individual financial aid awards;

(3)establish procedures for fiscal control, fund accounting, and necessary reports, including the reports required under 20-26-105; and

(4)apply for, receive, and administer federal and private money.