10.21 Comprehensive financial aid policy ensures proper oversight and compliance with all federal and state financial regulations. The policies address, at a minimum, the following areas:
a. System of checks and balances when handling financial aid within the institution.
b. Procedures for the application, approval, disbursement, and refunds of financial aid.
c. Records accurately demonstrate timely compliance with federal and state financial aid regulations.
SFWBC does not receive federal aid.