283—17.2 (261) Tuition grant institutional eligibility requirements.
	 17.2(1) Institutional eligibility. An Iowa college or university requesting participation in the barber and cosmetology arts and sciences tuition grant program must apply to the college student aid commission using the commission’s designated application. A college participating in the barber and cosmetology arts and sciences tuition grant program must:
	  a.   	 Be a barber school licensed under Iowa Code section 158.7; or
	  b.   	 Be a school of cosmetology arts and sciences licensed under Iowa Code chapter 157; and
	  c.   	 Be accredited by a national accrediting agency recognized by the United States Department of Education; and
	  d.   	 Be located in Iowa. “Located in Iowa” means a college or university accredited by a national accrediting agency that has made a substantial investment in a permanent Iowa campus and staff, and that offers a full range of courses leading to the degrees offered by the institution as well as a full range of student services; and
	  e.   	 Meet the criteria in Iowa Code section 261.9, subsection 1, paragraphs “d” through “g”;
	  f.   	 Submit an annual report which includes student and faculty information, enrollment and employment information, and other information required by the commission as described in Iowa Code sections 261.9 through 261.16; and
	  g.   	 Report to the commission any information requested in the time frame required by the commission.
	 17.2(2) Processing college applications. Application forms will be provided by the commission.
	  a.   	 Applicant colleges are required to provide a completed application and to provide the commission with any additional documentation establishing eligibility.
	  b.   	 Colleges seeking to participate in the barber and cosmetology arts and sciences tuition grant program must submit applications by January 1 of the year prior to the beginning of the academic year for which they are applying for participation.
	 17.2(3) Notice of change of status. Any college that loses accreditation must immediately notify the commission. Failure to comply with this notice of change requirement may result in the college being required to return tuition grant funds to the commission.
	 17.2(4) Review of eligibility.
	  a.   	 The commission shall periodically, at least every three years, investigate and review compliance of institutions participating in the tuition grant program according to criteria described in the Iowa Code and this rule.
	  b.   	 If the commission finds that a college fails to comply with the provisions of the Iowa Code and this rule, participation in the tuition grant program shall be suspended.