Example One academic year or less

1 payment period one payment period two

academic year
300 hours 300 hours

beginning of 300 clock hours 600 clock hours 900 clock hours
program (end of program)

2 payment period one payment period two

450 hours 450 hours

beginning of 450 clock hours 900 clock hours

program (end of program)

If the program is equal to two or more complete academic years, for the Multiples of a
first academic year and any subsequent academic year, the first payment full academic
period is the period of time in which the student completes the first half of year
the academic year, as measured in credit or clock hours. The second
payment period is the period of time in which the student completes the
second half of the academic year as measured in credit or clock hours.

Payment periods for nonterm credit hour programs and all clock hour programs
longer than one academic year
First and subsequent full
academic years Remainder of program
Program
length First payment Second payment First payment Second payment
period period period period

multiples of a full period of time in period of time in

which student which student
academic year completes second N/A N/A
completes first
half of academic half of academic
year year

longer than
academic year, period of time in period of time in period of time in
remainder shorter which student which student which student
completes second completes N/A
than or equal to completes first
one half an half of academic half of academic remainder of
academic year year year program

longer than
academic year, period of time in period of time in period of time in period of time in
remainder shorter which student which student which student which student
than academic completes first completes second completes first completes second
year, but longer half of academic half of academic half of remainder half of remainder
than half an year year of the program of the program
academic year

Participation Requirements 3 - 41