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(B) All contracts for the advertising or giving of accounts pursuant to T1 preparations to the institution's college students make provision for termination of your arrangement through the institution based upon complaints obtained from college students or maybe a perseverance via the establishment under paragraph (e)(two)(ix)(A) of the portion which the charges assessed underneath the T1 arrangement will not be in line with or are higher than prevailing sector costs; and
(i) An institution situated in a Condition incorporates a agreement with a third-bash servicer underneath which the servicer performs one or more with the features related to processing direct payments of title IV, HEA program money on behalf in the institution; and
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(B) For just about any calendar year wherein the institution's enrolled students open 30 or maybe more monetary accounts promoted under the T2 arrangement, the volume of students who had economic accounts underneath the deal Anytime during the most not long ago completed award year, plus the necessarily mean and median of the actual fees incurred by All those account holders;
Earlier licensed transactions and deposits/transfers to your account will operate that has a locked card.
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(two) For every depository account that features title IV, HEA application cash, an institution situated in a Condition need to Obviously discover that title IV, HEA system funds here are maintained in that account by—
If there isn't any equivalent company, the Secretary may perhaps approve a depository account designated with the overseas establishment.
Previously authorized transactions and deposits/transfers towards your account will perform that has a locked card.
(2) An institution seeks reimbursement by submitting towards the Secretary a ask for for cash that does not exceed the amount of the disbursements the establishment has manufactured to students or mother and father included in that ask for.
(ii) The institution paperwork over a present-day foundation that the publications or provides, including digital or electronic study course supplies, aren't obtainable somewhere else or available by learners enrolled in that application from resources in addition to These offered or approved because of the institution; or
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