R765-620-7. Grant Award and Calculation

(1) An institution shall use other funding sources, tuition waivers, and fee waivers, when possible, to fully fund awards. (2) In determining awards, the institution shall consider all other loans, grants, employment, and family and individual contributions the applicant can put toward financing the cost of attendance. (3) Each institution shall prioritize the grant based primarily on financial need as outlined in Section R765-620-6. (4) The institution may award an amount to an eligible recipient up to the cost of attendance, after taking into account the total value of other financial aid the recipient receives toward the cost of attendance.