New York S03738 mandates the higher education services corporation to determine a student's financial aid eligibility within 60 days of receiving.
New York S03738 amends the education law to require the higher education services corporation to determine a student's financial eligibility for aid, awards, and loans within 60 days of receiving their application. If the corporation fails to make a timely determination, the student is automatically deemed eligible for aid for the semester in question. The corporation can request a 30-day extension if it notifies the educational institution within the initial 60-day period.
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