Annual awards shall be disbursed in two installments, one per semester. Certification of Initial Awards. Before an initial award is disbursed, eligible institutions shall certify, on billing rosters provided by the Office, that a recipient is: If applicable, a Maryland resident; and Enrolled as a full-time or part-time undergraduate or graduate student, as applicable, pursuing a course of study or program in an academic discipline leading to a Maryland professional teacher’s certificate. Certification of Renewal Awards. Before a renewal award is disbursed, eligible institutions shall certify, on billing rosters provided by the Office, that a recipient: If applicable, continues to be a Maryland resident; Continues to be enrolled as a full-time or part-time undergraduate or graduate student, as applicable, pursuing a course of study or program in an academic discipline leading to a Maryland professional teacher’s certificate; Has maintained a cumulative GPA of at least 3.3 on a 4.0 scale; Is maintaining satisfactory academic progress toward a degree; and Is maintaining the disciplinary standards of the institution. An institution shall provide certification to the Office and request payment for all recipients on a semester basis no later than: December 15, for the fall semester; and May 15, for the spring semester. An institution that fails to timely certify and request payment for all recipients under §D of this regulation may not certify recipients for the subsequent semester until all prior semester awards have been certified and disbursed.