[Oasfaa] OASFAA Digest, Vol 53, Issue 7

[Judy Merrill]

On all our award letters we write (pending).  We never disburse until 
we receive the funding from the state.
Judy ICTC

----- Original Message -----
From: oasfaa-request at lists.onenet.net
Date: Saturday, July 26, 2008 12:06 pm
Subject: OASFAA Digest, Vol 53, Issue 7
To: oasfaa at lists.onenet.net

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>   1. OTAG question for schools (Jonna Raney)
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> Message: 1
> Date: Fri, 25 Jul 2008 14:35:24 -0500
> From: Jonna Raney <Jonna.Raney at okbu.edu>
> Subject: [Oasfaa] OTAG question for schools
> To: oasfaa at onenet.net
> Message-ID: <4889E4AB.80C9.009B.0 at okbu.edu>
> Content-Type: text/plain; charset=US-ASCII
> 
> Do any of you pay OTAG before you receive the funds from the 
> state?  We currently award it, but don't disburse it until we get 
> the money.  I realize that it's a risk if we pay the student and 
> they w/d before we actually receive the funds, we would have to 
> return the funds to the Regents, but it would help the majority of 
> our student who do stay enrolled because they could get their 
> refunds earlier.  
> 
> If there's a reason in the statute that prevents us from doing it 
> that way and you're aware of that problem, please advise.
> 
> Thanks in advance for your feedback,
> Jonna
> 
> 
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> End of OASFAA Digest, Vol 53, Issue 7
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