OAR 575-060-0040: Disbursement

(1) Unless otherwise specified by the donor, the Commission shall disburse funds to an institution on behalf of an awardee on an academic term basis. (2) An institution shall not disburse funds to an awardee who ceases to meet conditions of award identified by the Commission. (3) An institution shall return undisbursed funds to the Commission within 30 days of receipt.