Federal Student Aid - IFAP
   
IFAP
Citations: (R)652.53
AsOfDate: 12/31/95


Sec. 652.53 What reports are required from an institution?

(a) Prior to the receipt of funds for disbursement to a
Scholar, an institution of higher education shall provide to the
Secretary the following:

(1) For a Scholar receiving his or her initial scholarship,
a statement from the appropriate official at the institution
indicating--

(i)(A) That the Scholar has provided the institution with
a written formal commitment to attend the institution for the
relevant academic year and has complied with any other
institutional requirements for indicating such a commitment
including a monetary deposit; or

(B) That the Scholar is currently in attendance at that
institution for the relevant academic year; and

(ii) The Scholar's cost of attendance.

(2) For a Scholar who is eligible to receive an additional
award in a subsequent award year, a statement from the
appropriate official at the institution indicating that the Scholar is
in compliance with the renewal requirements of Sec. 652.42.

(b) An institution shall provide such reports to the
Secretary as are necessary to carry out the Secretary's functions
under this part, in accordance with departmental requirements in
EDGAR.

(Authority: 20 U.S.C. 5384)