An appeal of a decision of ineligibility or cancellation of an award shall be filed with the Director of the Office of Student Financial Assistance (OSFA). An appeal shall be in writing and state clearly the basis for the appeal. An appeal shall be submitted within 30 days of notice of ineligibility or cancellation of award. The Director of OSFA shall review each appeal and issue a decision no later than 60 days after receiving the appeal. All decisions of the Director of OSFA are final.