Terms and Conditions of this Consortium Agreement Sample Clauses

Terms and Conditions of this Consortium Agreement. In regard to this agreement, Xxxxxx County Community College will assume the role of HOME institution and the institution listed below will assume the role of HOST institution. As the HOME institution, Xxxxxx will:  Be the degree-granting or certificate-granting institution;  Will determine the student’s eligibility for federal financial assistance;  Will process, calculate, and disburse aid according to the combined enrollment and length of enrollment period;  Establish the student’s cost of attendance including tuition and fees from the combined enrollment;  Notify the student of Satisfactory Academic Progress (SAP) and monitor SAP according to Xxxxxx’x SAP policies;  Report NSLDS enrollment information for this student through the National Student Clearinghouse;  Calculate and process the Return of Title IV funds if appropriate, including determination of the withdrawal date and institutional refunds;  Include the student on FISAP reporting;  Will give credit for coursework taken at the host institution on the same basis as if Xxxxxx provided the coursework;  Will keep all appropriate and require documentation to support the student’s eligibility and basis for award and disbursement, including cash management authorizations; and,  Confirm student eligibility at the time of disbursement. The HOST institution will:  Not disburse federal aid to the consortium student;  Notify the Home institution if the student withdraws from classes;  Provide necessary information for aid to be calculated and disbursed by the Home school;  Certify that the Host institution is eligible to participate in Title IV programs;  Certify for any study abroad programs there is a contractual agreement with the foreign school; and,  Provide the Home with information on the student’s courses, enrollment status, cost of attendance, enrollment start/end dates, and academic records for SAP evaluation.
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Related to Terms and Conditions of this Consortium Agreement

  • Standard Terms and Conditions Executive expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are incorporated herein by reference, deemed a part of this Agreement and are binding and enforceable provisions of this Agreement. References to “this Agreement” or the use of the term “hereof” shall refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.

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