Title 011 | Chapter 020 | Regulation 060


11 KAR 20:060.Records and reports.

Section 1.

End-of-Term Reporting.

(1)

At the end of each academic term, the institution shall submit to the authority an accurate and complete record of the scholarship recipient's status including:

(a)

Number of credit hours successfully completed during the academic term;

(b)

Total credit hours earned as of the end of the academic term; and

(c)

If the student has earned a bachelor's degree:

1.

The date of graduation;

2.

The degree earned; and

3.

The degree major.

(2)

Reports under this section shall be completed before funds for the next academic term under this program will be disbursed by the authority.

Section 2.

Records and Reports. An educational institution shall:

(1)

Establish an organized system of records pertaining to scholarship recipient eligibility;

(2)

Maintain these records for a period of not less than three (3) years after the award year in which the recipient ceased enrollment; and

(3)

Upon request, make available to the authority:

(a)

All records relied upon by that institution to certify that any recipient of funds from the authority is an eligible student; and

(b)

Information necessary to verify that the institution has complied with:

1.

11 KAR Chapter 20; and

2.

Representations and requirements contained in its agreement with the authority.

HISTORY: (41 Ky.R. 1248; 1509; eff. 2-6-2015; Crt eff. 9-28-2018.)

7-Year Expiration: 9/28/2025

Last Updated: 12/15/2021


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