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The standard number of scholars with credit balances for that three most not long ago accomplished award several years The normal quantity of scholars enrolled at the establishment at any time during the 3 most not long ago accomplished award years.
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The Secretary considers excess cash to become any level of title IV, HEA system funds, other than Federal Perkins Loan program resources, that an establishment does not disburse to learners by the tip on the third enterprise day following the date the establishment—
(two) For every depository account that includes title IV, HEA software money, an institution located in a State will have to Obviously discover that title IV, HEA system money are maintained in that account by—
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