Ohio § 3333.047 Student financial aid program audits

Ohio Statutes

§ 3333.047 — Student financial aid program audits

Ohio § 3333.047

Title 33Education-Libraries

Ch. 3333Department of Higher Education

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Bluebook

Ohio Rev. Code Ann. § 3333.047 (2026).

Text

With regard to any state student financial aid program established in this chapter, Chapter 5910., or section5919.34of the Revised Code, the chancellor of higher education shall conduct audits to:

(A)Determine the validity of information provided by students and parents regarding eligibility for state student financial aid. If the chancellor determines that eligibility data has been reported incorrectly or inaccurately, and where the chancellor determines an adjustment to be appropriate, the institution of higher education shall adjust the financial aid awarded to the student.

(B)Ensure that institutions of higher education are in compliance with the rules governing state student financial aid programs. An institution that fails to comply with the rules in the administration of any sta

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With regard to any state student financial aid program established in this chapter, Chapter 5910., or section5919.34of the Revised Code, the chancellor of higher education shall conduct audits to:

(A) Determine the validity of information provided by students and parents regarding eligibility for state student financial aid. If the chancellor determines that eligibility data has been reported incorrectly or inaccurately, and where the chancellor determines an adjustment to be appropriate, the institution of higher education shall adjust the financial aid awarded to the student.

(B) Ensure that institutions of higher education are in compliance with the rules governing state student financial aid programs. An institution that fails to comply with the rules in the administration of any state student financial aid program shall be fully liable to reimburse the state for the unauthorized use of student financial aid funds.