34 C.F.R. § 691.76 Frequency of payment.
Title 34 - Education
(a) In each payment period, an institution may pay a student at such times and in such installments as it determines will best meet the student's needs. (b) The institution may pay funds in one lump sum for all the prior payment periods for which the student was eligible under §691.15 within the award year. The student must have completed the prior payment period as a full-time student. (Authority: 20 U.S.C. 1070a–1)
Title 34: Education
PART 691—ACADEMIC COMPETITIVENESS GRANT (ACG) AND NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT GRANT (NATIONAL SMART GRANT) PROGRAMS
Subpart G—Administration of Grant Payments
§ 691.76 Frequency of payment.