Section 74-32,432 - Same; proration of insufficient appropriation for non-tiered grant aid, when; overpayments; underpayments(a) If the amount of any appropriation for non-tiered course credit hour grant aid is insufficient to pay in full the amount each technical college is eligible to receive, the amount appropriated shall be prorated among all technical colleges in proportion to the amount each is eligible to receive.(b) If any technical college is paid more than the amount it is eligible to receive, the state board shall notify the technical college of the amount of the overpayment and the technical college shall remit the same to the state board and the state board shall deposit the same in the state treasury to the credit of the general fund, and if any such technical college fails to remit, the state board shall deduct the excess amount so paid from future payments becoming due to such technical college.(c) If any technical college is paid less than the amount it is eligible to receive, the state board shall pay the additional amount due at any time within the fiscal year in which the underpayment was made or within 60 days after the end of such fiscal year.(d) As used in this section, the term "non-tiered course" shall have the same meaning ascribed thereto in K.S.A. 71-1802, and amendments thereto.Added by L. 2011, ch. 97,§ 12, eff. 7/1/2011.Revisor's Note:
Section transferred from 72-4487.