Fund 860 - Institutions of Higher Education -Institutional Financial Aid Account
Authority:
RCW 28B.15.820
Admin Agency:
Locally by each agency - LCL0
Cash Type:
3 - Local Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Earnings from Investments are:
Credited to the appropriate fund as directed by the Legislature and/or the administering agency of the fund. RCW’s 43.79A.040 and 43.84.092 do not apply.
Description:
Used to make guaranteed long-term loans to eligible students as provided in subsections (3) through (8) of this section; to make short-term loans as provided in subsection (9) of this section; or to provide financial aid to needy students as provided in subsection (10) of this section.
Sources of Revenue:
Charges and Miscellaneous Revenue, Interest Earnings
Clientele:
Eligible students
Effective Date:
07/01/1981
Inactive Date:
Public Notes:
ACFR Information
Account Code:
860
Account Title:
Institutions of Higher Education -Institutional Financial Aid Account
Fund Type:
BA - Special Revenue Funds
Rollup Fund:
BG - Higher Education Fund
Closing GL Code:
9310 - Committed for Higher Education
