[Code of Federal Regulations] [Title 34, Volume 3] [Revised as of July 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 34CFR690.76] [Page 907-908] TITLE 34--EDUCATION CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION PART 690_FEDERAL PELL GRANT PROGRAM--Table of Contents Subpart G_Administration of Grant Payments Sec. 690.76 Frequency of payment. (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 an eligible student within the award year. The student's enrollment status must [[Page 908]] be determined according to work already completed. (Authority: 20 U.S.C. 1070a) [50 FR 10724, Mar. 15, 1985, as amended at 56 FR 56916, Nov. 6, 1991]