CFR > Title 34 - Education > SUBTITLE B—Regulations of the Offices of the Department of Education > CHAPTER VI—OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION (parts 600 to 694) > PART 648—GRADUATE ASSISTANCE IN AREAS OF NATIONAL NEED > SUBPART F—What Are the Administrative Responsibilities of the Institution? (§648.60 to §648.66) > 648.66—What records and reports are required from the institution?

648.66—What records and reports are required from the institution?

(a) An institution of higher education that receives a grant shall provide to the Secretary, prior to the receipt of grant funds for disbursement to a fellow, a certification that the fellow is enrolled in, is making satisfactory progress in, and is devoting essentially full time to study in the academic field for which the grant was made.
(b) An institution of higher education that receives a grant shall keep records necessary to establish—
(1) That each student receiving a fellowship satisfies the eligibility requirements in § 648.40 ;
(2) The time and amount of all disbursements and return of stipend payments;
(3) The appropriate use of the institutional payment; and
(4) That assurances, policies, and procedures provided in its application have been satisfied.
(Approved by the Office of Management and Budget under control number 1840-0604)

Code of Federal Regulations

(Authority: 20 U.S.C. 1135-113 5d)