(A) Through the afterwards of the initial day of the payment period or 14 times after the date it notifies the scholar or mother or father of their ideal to terminate all or a part of a loan or TEACH Grant, Should the establishment obtains affirmative confirmation from the scholar underneath paragraph (a)(6)(i) of the portion; or
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(ii) The establishment must return the bank loan or Instruct Grant proceeds, terminate the mortgage or Educate Grant, or do both equally, in accordance with plan rules furnished which the establishment receives a mortgage or TEACH Grant cancellation request—
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The key difference between fund statements and governing administration-huge statements relates to taxes and grants that have not achieved the “readily available” requirements. Governments must observe this sort of revenues under the modified accrual and accrual procedures.
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The establishment need to return quickly for the Secretary any level of excess cash about the one particular-% tolerance and any amount of surplus cash remaining in its account after the seven-day tolerance period.
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[69] Cash singing tracks of Indian tragedy and settler violence went radically against the mainstream of region music inside the 1950s, which was dominated from the impression with the righteous cowboy who makes the indigenous's soil his very own.[70]
A different drafting web-site is accessible with paragraph framework matching the official CFR formatting. If you work for just a Federal company, use this drafting site when drafting amendatory language for Federal laws: switch to eCFR drafting web site.
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If an entity publishes a set of condensed monetary statements in its interim economic report, People condensed statements shall include things like, in a minimum amount, Every from the headings and subtotals that were included in its most up-to-date yearly money statements [Refer:IAS one paragraphs 36 and 37] and the chosen explanatory notes as expected by this Typical.
(B) All contracts for your promoting or giving of accounts pursuant to T1 preparations towards the institution's pupils make provision for termination of the arrangement via the establishment based on problems received from students or even a perseverance from the establishment underneath paragraph (e)(two)(ix)(A) of the section that the service fees assessed under the T1 arrangement aren't per or are increased than prevailing sector rates; and
(2) For each depository account that includes title IV, HEA system cash, an establishment situated in a Condition will have to Evidently identify that title IV, HEA plan funds are maintained in that account by—