What is the “exit certification” that the grantee must provide in writing when a scholar completes his/her program?
According to 386.34(f), the granting institution is required to maintain the following information on file for each scholarship: (a) The scholar’s name and identifying information on the Federal grant that provided the scholarship; (b) The scholar’s field of study; (c) The number of years the scholar needs to work to satisfy the work requirement in 386.34(c)(1)(I)(C); (d) The total amount of scholarship assistance provided subject to the work‑or‑repay provision in 386.34(c)(1)(ii). (e) The time period during which the scholar must satisfy the work requirements in 386.34(c)(1)(I)(C). All the other obligations the scholar must meet in 386.34, such as the need to inform the training institution of any change of name, address, employment status, and information documenting how he/she has satisfied the terms of his/her scholarship agreement.
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