This regulation applies to the submission of full-time equivalent students submitted for State aid. Funding Adjustment. If a federal, State, or local contract or grant is used to pay for a credit or a noncredit training program course cost, a college shall reduce the number of full-time equivalent students submitted to the State for funding by an appropriate amount as determined by the Commission, in order that the course costs are not reimbursed twice. The Commission may grant specific exceptions to the requirements in this section.