261.96 - ADMINISTRATION BY COMMISSION -- RULES.

        261.96  ADMINISTRATION BY COMMISSION -- RULES.
         The commission shall administer this program and shall:
         1.  Provide application forms and parents' confidential statement
      forms.
         2.  Adopt rules and regulations for determining financial need,
      defining tuition and mandatory fees, defining residence for the
      purposes of the Iowa grant program, determining grant award amounts
      on the basis of student need, processing and approving applications
      for grants, and determining priority of grants.  If resources are
      insufficient to award grants to all eligible applicants, the
      commission shall give priority to students who have the greatest
      demonstrated financial need.  In determining who is a resident of
      Iowa, the commission's rules shall be at least as restrictive as
      those of the board of regents.
         3.  Approve and award grants.
         4.  Make an annual report to the governor and general assembly,
      and evaluate the Iowa grant program for the period.  The commission
      may require the accredited higher education institution to promptly
      furnish any information which the commission may request in
      connection with the Iowa grant program.  
         Section History: Recent Form
         90 Acts, ch 1272, §63