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(ii) The establishment will have to return the mortgage or Instruct Grant proceeds, terminate the mortgage or Educate Grant, or do each, in accordance with program regulations delivered which the institution receives a bank loan or Train Grant cancellation ask for—
(A) Has convenient entry to the money while in the money account via a surcharge-free national or regional Automatic Teller Equipment (ATM) community which has ATMs adequate in amount and housed and serviced these that title IV money are reasonably available to college students, including on the moments the establishment or its third-bash servicer helps make direct payments into your monetary accounts of These learners;
(ii) An institution might not create a late second or subsequent disbursement of the bank loan under the Immediate Mortgage program Until the coed effectively accomplished the period of enrollment for which the mortgage was supposed.
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(i) An establishment located in a Point out which makes direct payments to the scholar by EFT Which enters into an arrangement described in paragraph (e) or (file) of this portion, together with an establishment that makes use of a 3rd-occasion servicer for making Individuals payments, should build a variety procedure less than which the coed chooses one of quite a few options for getting click here those payments.
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In 1944,[29] Cash's older brother Jack, with whom he was close, was Lower Practically in two by an unguarded desk noticed at work. He died of his wounds each week afterwards.[30] In accordance with Cash's autobiography, he, his mother, and Jack all had a sense of foreboding about that working day; his mother urged Jack to skip operate and go fishing with Cash, but Jack insisted on Functioning because the spouse and children desired The cash.
(one) Requiring the institution to reimburse the Secretary for The prices the Federal authorities incurred in delivering that excessive cash to the institution; and
(ii) If the scholar finished the payment interval or duration of enrollment, the institution ought to provide the coed or dad or mum the choice to obtain the level of title IV, HEA system cash that the scholar or mother or father was qualified to get while the student was enrolled with the establishment.
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(A) Has an arrangement with a e-book publisher or other entity that permits it to help make those books or provides available to college students underneath aggressive sector rates;
(i) The establishment communicates information and facts on to its college students regarding the monetary account And exactly how it could be opened;