13B.08.23.07

.07 Institutional Allocation and Notification.

A. At the beginning of each State fiscal year, the Office shall notify each participating college of the total dollar amount of Scholarships that may be awarded to students attending the college during the fiscal year.

B. The Office shall allocate equally among the community colleges up to 50 percent of the annual dollar amount budgeted for the Workforce Development Sequence Scholarship.

C. Except as provided in §D of this regulation, the amount remaining after the allocation required under §B of this regulation shall be allocated proportionately to participating community colleges based upon student enrollment as follows:

(1) Each college’s most recent FTE enrollment in workforce development sequences, based upon the previous year’s Enrollment Report for Credit Courses (CC2 report) and Enrollment Report for Equated Credit Continuing Education Courses (CC3 report),shall be divided by the total FTE enrollment for all workforce development sequences offered by all participating colleges; and

(2) The percentage derived from the calculation in §C(1) of this regulation shall be multiplied by the total number of awards (in $2,000 increments) not allocated, and the result shall be the additional allocation to the college.

D. For the 2018—2019 award year only, the amount remaining after the allocation required under §B of this regulation shall be allocated proportionally to participating community colleges based upon student enrollment as follows:

(1) Each college’s most recent total FTE enrollment, based upon the previous year’s Enrollment Report for Credit Courses (CC2 report) and Enrollment Report for Equated Credit Continuing Education Courses (CC3 report), shall be divided by the total FTE enrollment for all community colleges; and

(2) The percentage derived from the calculation in §D(1) of this regulation shall be multiplied by the total number of awards (in $2,000 increments) not allocated, and the result shall be the additional allocation to the college.