PAYMENTS TO INSTITUTIONS

Subpart 1. Time of payment. The commissioner shall send grant money for an eligible student to the institution within 30 days of receipt of a request for payment, but not before July 1 of the academic year for which payment is intended. Subp. 2. Withholding payment. The commissioner shall withhold payment for a student until the institution's request for payment is complete and the student's eligibility is verified.