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Michigan Compiled Laws, Chapter 388. Schools and School Aid § 388.1882

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 282. (1) Each institution receiving funds for fiscal year 2024-2025 under section 278, 279, or 281  1 shall provide to the department of labor and economic opportunity by April 15, 2025 the unobligated and unexpended funds as of March 31, 2025 and a plan to expend the remaining funds by the end of the fiscal year. Notwithstanding the award limitations in sections 278 and 279, the amount of funding reported as not being expended will be reallocated to the institutions that intend to expend all funding received under section 278, 279, or 281.

(2) Funds received for the purpose of administering programs under sections 278, 279, and 281 must not be used for direct financial aid or indirect financial aid. However, a public university may provide academic incentives to motivate participating students as approved by the department. As used in this subsection:

(a) “Direct financial aid” includes, but is not limited to, scholarships, payment of tuition, stipends, and work-studies.

(b) “Indirect financial aid” includes, but is not limited to, transportation, textbook allowances, child care support, and assistance with medical premiums or expenses.

1 M.C.L.A. § 388.1878, 388.1879, or 388.1881.
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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 388. Schools and School Aid § 388.1882 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-388-schools-and-school-aid/mi-comp-laws-388-1882/

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