If an award recipient discontinues attendance before the end of the award year, the award recipient shall remit any award balance allowable to the eligible postsecondary educational institution in accordance with such institution’s withdrawal policy. The institution shall remit such award balance to the commission in accordance with such institution’s refund policy.

Terms Used In Nebraska Statutes 85-1916

  • Award: means a grant of money by the commission to an eligible student for educational expenses. See Nebraska Statutes 85-1903
  • Award year: means the period beginning on July 1 through the following June 30. See Nebraska Statutes 85-1904
  • Commission: means the Coordinating Commission for Postsecondary Education. See Nebraska Statutes 85-1905
  • Eligible postsecondary educational institution: means a public or private postsecondary educational institution:

    (a) Located in Nebraska. See Nebraska Statutes 85-1906