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(ii) If a student or parent cancels an authorization to employ title IV, HEA program resources to pay for approved expenses underneath paragraph (a)(four) of the part, the institution may perhaps use title IV, HEA system cash to pay for only Individuals authorized fees incurred by the scholar before the institution obtained the notice.Cash used his

(two) Identify the earnings on title IV, HEA program money managed from the establishment's depository account or accounts; and(ix) Be certain that the terms of your accounts supplied pursuant to some T1 arrangement are not inconsistent with the best economic pursuits of The scholars opening them. The Secretary considers this necessity to be fulfil