Are there any restrictions on how I can use the money recovered in a student defense case?
In Alaska, there are certain restrictions on how recovery money in a student defense case can be used. All recovery funds must be used exclusively for educational purposes. Examples of allowable educational expenses include tuition, books, supplies, computers, school related expenses, and other educational related costs. It is important to note that funds recovered in a student defense case may not be used to pay for non-educational expenses such as housing, transportation, or travel. Furthermore, all recovery funds must be paid directly to the educational institution, and not to the student. In some cases, the court may authorize an attorney or other third party to manage the funds on behalf of the student. Funds recovered in a student defense case may not be transferred to another student or family member. Additionally, any funds remaining after four years or upon receipt of a degree must be returned to the court. In order to use the funds recovered in a student defense case, a student must be enrolled at an accredited educational institution. The student must also be making satisfactory progress toward their degree program, with no unspent funds in their account for more than two years. Student defense funds are meant to be used for educational expenses only and not for any other type of personal use.
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