R765-615-8. Funding Distribution

Related Notices
- No. 43405 (New Rule): Rule R765-615. Talent Development Incentive Loan Program
- No. 43405 (New Rule): Rule R765-615. Talent Development Incentive Loan Program

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  8.1. The Board will disburse appropriated funds to the institutions by calculating the three-year average of the qualifying degrees each institution awarded using the following assumptions:

  8.1.1. Tuition and fees (not including books, differential, course, or program fees).

  8.1.2. Full tuition and fee cost of associate degree students by institution for three semesters (requires 1 semester before applying).

  8.1.3. Full tuition and fee cost of bachelor's degree students by institution for six semesters (requires 2 semesters before applying).

  8.1.4. After year one, tuition and fees adjusted for inflation (five-year average of 3.5 percent).

                    
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