20-26-201. Duties of commissioner of higher education relative to program. The commissioner of higher education shall: (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 […]
20-26-202. Administrative costs. Administration costs not provided by the federal grant that are attributable to parts 1 and 2 must be negotiated and charged to the individual participants. History: En. 75-9408 by Sec. 8, Ch. 515, L. 1977; R.C.M. 1947, 75-9408; amd. Sec. 8, Ch. 300, L. 2019.
20-26-203. Deposit of funds. Funds received by the commissioner of higher education for the Montana resident student financial aid program, including funds for the administration of parts 1 and 2, must be deposited in the state treasury. History: En. 75-9407 by Sec. 7, Ch. 515, L. 1977; R.C.M. 1947, 75-9407; amd. Sec. 9, Ch. 300, L. 2019.
