Title 20 . Miscellaneous Boards and Commissions

Chapter 16 . Mental Health Trust Authority

Section 21. Institutional eligibility and responsibilities

20 AAC 16.021. Institutional eligibility and responsibilities

(a) An institution eligible to participate in the AlaskAdvantage education grant program is defined in 34 C.F.R. 692.4, and must

(1) meet the criteria of and operate in compliance with the requirements set out in 20 U.S.C. 1001 - 1155 (Higher Education Act of 1965), and 34 C.F.R. 600 and 668;

(2) participate in the federal Pell Grant program;

(3) be physically located in this state; and

(4) enter into a program participation agreement with the commission, and provide the commission with documentation and information the commission considers necessary to determine whether the school is eligible to participate, including

(A) documentation of participation in a method of electronic funds transfer approved by the commission;

(B) documentation of compliance with state and federal statutes and regulations relevant to institutional financial, administrative, and academic capacity;

(C) periodic reports to the commission as needed by commission staff to reconcile grant program data;

(D) agreement to verify and certify student eligibility for grant awards; and

(E) agreement to allow commission staff to audit school records related to grant money management and student eligibility determinations, as determined necessary by the commission.

(b) An institution that participates in the AlaskAdvantage education grant program becomes ineligible upon loss of accreditation, loss of eligibility under 20 U.S.C. 1001 - 1155, failure to submit required reconciliation reports or related documentation to the commission, or a commission audit finding that the institution is ineligible because the institution lacks the financial, administrative, or academic capacity to successfully administer the grant program.

(c) For purposes of this section, a commission audit finding that an institution lacks the financial, administrative, or academic capacity to successfully administer the grant program includes a finding of institutional fraud, an inability to document how grant funds are managed and disbursed, or a consistent and sustained institutional failure to adhere to regulations and policies governing the grant program.

History: Eff. 2/20/2005, Register 173

Authority: AS 14.43.405

AS 14.43.410

AS 14.43.415