What requirement must be fulfilled to receive subsequent disbursements for parolees?

To receive subsequent disbursements for parolees, it is essential to provide unexpired documentation of parole. This requirement ensures that the institution has current and verified evidence of the student's parole status, which is critical for providing financial aid. Parole eligibility can change, and maintaining updated documentation safeguards the educational institution and the student by ensuring compliance with eligibility requirements for federal financial aid.

The importance of having valid and up-to-date documentation is particularly significant because it confirms that the student is abiding by the conditions set forth by the parole board. If the documentation were outdated or expired, it could lead to complications regarding eligibility, which would prevent the disbursement of funds.

In relation to the other options, while updated academic records and completion of additional coursework are important for academic standing, they are not specific requirements related to financial aid eligibility based on parole status. Approval from a counselor may be useful for advising purposes, but it does not directly address the requirement for documentation of the parole. Therefore, having unexpired documentation is the key element that must be fulfilled for receiving subsequent disbursements for parolees.