01 NCAC 26B .0212. MANNER OF PAYMENT BY THE STATE TO PUBLIC INSTITUTIONS

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All reimbursements will be made at the end of each quarter, semester or other academic term upon a proper billing from the institution. Therefore, all billings and reimbursements and all deductions from remaining scholarship eligibility time must be for a full semester, quarter or other academic term except where summer sessions or quarters must be expressed as a fraction of a semester or vice versa.

History Note: Authority G.S. 143B‑252(4); 143B‑399(4); 165‑22.1;

Eff. February 1, 1976;

Readopted Eff. February 27, 1979.

                    
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