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EXHIBIT 1 <br />7-III.J. STUDENT FINANCIAL ASSISTANCE [24 CFR 5.609(b)(9) as updated <br />for HOTMA] <br />The regulations under HOTMA distinguish between two categories of student financial <br />assistance paid to both full-time and part-time students. Any other grant-in-aid, scholarship, or <br />other assistance amounts an individual receives for the actual covered costs charged by the <br />institute of higher education not otherwise excluded by the federally mandated income <br />exclusions are included [24 CFR 5.609(b)(9)(ii)]. <br />SAHA Policy <br />SAHA will request written third -party verification of both the source and the amount of <br />student financial assistance. Family -provided documents from the educational institution <br />attended by the student will be requested, as well as documents generated by any other <br />person or entity providing such assistance, as reported by the student. <br />In addition, unless the student's only source of assistance is assistance under Title IV of <br />the HEA, SAHA will request written verification of the cost of the student's tuition, <br />books, supplies, room and board, and other required fees and charges to the student from <br />the educational institution. <br />If SAHA is unable to obtain third -party written verification of the requested information, <br />SAHA will pursue other forms of verification following the verification hierarchy in <br />section 7-I.B. <br />Page 7-35 Administrative Plan 7/l/2025 <br />City Council 5 — 357 7/15/2025 <br />