22 Pa. Code § 121.46. Determination of financial need.

§ 121.46. Determination of financial need.

(a)  Financial need of applicants will be determined according to the need analysis procedures established annually by the Agency.
(b)  Financial need will be computed as the arithmetical difference between the Agency-approved educational costs of the institution or program in which the applicant is enrolled or intends to enroll and the total resources computed by the Agency to be available to the applicant.

Authority

   The provisions of this §  121.46 amended under the act of January 25, 1966 (P. L. 1546, No. 541) (24 P. S. §  5151); the act of August 7, 1963 (P. L. 549, No. 290) (24 P. S. §  5104); the act of October 11, 1972 (P. L. 899, No. 213) (24 P. S. §  5161); and the act of October 11, 1972 (P. L. 909, No. 216) (24 P. S. §  5171).

Source

   The provisions of this §  121.46 adopted February 27, 1969; amended December 27, 1974, effective December 28, 1974, 4 Pa.B. 2699. Immediately preceding text appears at serial page (14026).

No part of the information on this site may be reproduced for profit or sold for profit.

This material has been drawn directly from the official Pennsylvania Code full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.