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Title IV Cash Management Policy/Procedures

CFR 688.164 states:

An institution must provide a way for a Federal Pell Grant eligible student to obtain or purchase, by the seventh day of a payment period, the books and supplies required for the payment period. The policy further states that the institution must have a policy under which a Federal Pell Grant eligible student may opt out of the way the institution provides for the student to obtain or purchase books and supplies under this paragraph. If a student wishes to not have Title IV aid pay for their e-book, they may opt out by emailing a request to