# 11 KAR 15:050: 11 KAR 15:050. Disbursement

> Kentucky · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R050

## Section

- **Citation:** 11 KAR 15:050
- **Heading:** 11 KAR 15:050. Disbursement
- **Jurisdiction:** Kentucky
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Kentucky Administrative Regulations / Title 011 (Kentucky Higher Education Assistance Authority) / Chapter 015 / 11 KAR 15:050

## Text

Section 1. Disbursement of Funds. (1) KEES funds shall be disbursed by the authority to the participating institution in the form of a single check, made payable to the participating institution, or by electronic funds transfer delivered to the participating institution for subsequent delivery to the eligible postsecondary student. (2) Within thirty (30) days following receipt of the eligibility verification file, the disbursement of KEES funds by the authority to the participating institution shall be made for subsequent delivery by the institution to an eligible postsecondary student. Section 2. Delivery of funds by the participating institution. (1) The participating institution shall be responsible for proper delivery of KEES funds. The participating institution shall not make KEES funds available to the eligible postsecondary student nor apply the funds to the recipient's account prior to the date that the eligible postsecondary student has completed the registration requirements (except for the payment of tuition and fees) at the participating institution for the academic term for which the Kentucky Educational Excellence Scholarship is disbursed. (2) The participating institution shall be liable for delivery to the wrong person or to an ineligible student and shall make restitution to the authority of an amount improperly delivered. Failure of the participating institution to make restitution as required shall, without precluding other remedies, be deemed cause for limitation, suspension, or termination of the participation of the institution in accordance with 11 KAR 4:020.

## Nearby sections

- [11 KAR 15:010 11 KAR 15:010. Definitions for 11 KAR Chapter 15](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R010.md)
- [11 KAR 15:020 11 KAR 15:020. Student eligibility report](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R020.md)
- [11 KAR 15:030 11 KAR 15:030. Dual enrollment under consortium agreement](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R030.md)
- [11 KAR 15:040 11 KAR 15:040. Kentucky Educational Excellence Scholarship award determination procedure](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R040.md)
- [11 KAR 15:050 11 KAR 15:050. Disbursement](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R050.md)
- [11 KAR 15:060 11 KAR 15:060. Kentucky Educational Excellence Scholarship overpayment and refund and repayment procedure](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R060.md)
- [11 KAR 15:070 11 KAR 15:070. Records and reports](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R070.md)
- [11 KAR 15:080 11 KAR 15:080. High school reporting](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R080.md)
- [11 KAR 15:090 11 KAR 15:090. Kentucky Educational Excellence Scholarship (KEES) program](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R090.md)
- [11 KAR 15:100 11 KAR 15:100. Comprehensive transition and postsecondary programs](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R100.md)
- [11 KAR 15:110 11 KAR 15:110. Scholarships for Registered Apprenticeship and Qualified Workforce Training programs](https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R110.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KY_KAR_T011_C015_R050. Check the current official text before relying on it. Not legal advice.