(one) An institution could credit history a scholar's ledger account with title IV, HEA system funds to buy allowable charges associated with The existing payment time period. Allowable costs are—
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(i) To get a program with substantially equal payment durations, dividing the total institutional prices for the program by the quantity of payment intervals in This system; or
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(B) The day the student concluded the past payment period for which he / she acquired title IV, HEA plan resources; or
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