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(i) To a student, for the amount of the title IV, HEA application money that a pupil is eligible to obtain, like Immediate PLUS Financial loan funds that the student's dad or mum licensed the coed to acquire, by—
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Commonly, accrual-approach taxpayers recognize money when every one of the occasions come about that resolve the proper to obtain the money and the quantity of the money might be decided with fair accuracy.
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(ii) The economical account or access product is cobranded Together with the check here establishment's name, logo, mascot, or other affiliation and is also promoted principally to learners on the establishment; or
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