N.H. Code Admin. R. Csp 601.02 - Definitions
(a) "Academic year"
means a period of time within the fiscal year starting July 1 and ending the
following June 30th, during which a full-time undergraduate student is expected
to complete at least 24 semester or trimester hours or 36 quarter hours in an
educational program whose length is measured in credit hours.
(b) "Academically qualified student" means an
undergraduate student who meets satisfactory academic progress as determined by
the institution.
(c) "Allocation"
means the annual allocation that is received by the participating institution
under the New Hampshire UAAP.
(d)
"Allocation agreement" means an agreement signed by an eligible institution's
authorizing official that has met the criteria as specified in
Csp
601.04 and has been accepted by the
commission.
(e) "Authorized
official" means the officer of the eligible institution designated by the
institution's board of trustees who is authorized to enter into an allocation
agreement with the commission within the state of New Hampshire.
(f) "Award" means scholarships granted to
eligible students as specified in Csp 602.
(g) "Central processing system (CPS)" means
the U.S. Department of Education's processing facility for Free Application for
Federal Student Aid application data.
(h) "Clock hour" means a period of
instruction as defined in 34 CFR 600.
(i) "Commission" means the New Hampshire
college tuition savings plan advisory commission.
(j) "Cost of attendance" means the cost of
education as determined by the institution under the provisions of the Higher
Education Act of 1965, as amended.
(k) "Distribution formula" means the formula
used to distribute funds to eligible institutions under this program as
specified in Csp 602.01.
(l) "Eligible institution" means an
institution who meets the criteria specified in
Csp
601.04.
(m) "Eligible program" means a legally
authorized undergraduate postsecondary program of organized instruction offered
by an eligible institution which:
(1) Is at
least one academic year or its equivalent in length; and
(2) Leads to one of the following:
a. An academic or vocational degree;
or
b. Other educational credential
recognized by the United States Secretary of Education.
(n) "Eligible student" means a
student qualified for an award under the New Hampshire UAAP.
(o) "Expected family contribution (EFC)"
means the amount, determined by a formula established in
34 CFR
668.52, that a student and his or her spouse
and family are expected to contribute toward the student's cost of
attendance.
(p) "Financial need"
means the difference between a student's cost of attendance and his or her
EFC.
(q) "Fiscal year" means the
state of New Hampshire's fiscal year, July 1 through June 30.
(r) "Full-time student" means an enrolled
student as defined in 34 CFR 668.
(s) "New Hampshire resident" means resident
of the state as defined by
RSA
21:6.
(t) "Participating institution" means an
eligible institution which has executed an allocation agreement with the
commission.
(u) "Part-time student"
means a student enrolled in an eligible institution and carrying an academic
workload that amounts to at least one-half the workload of a full-time student,
as determined by the institution.
(v) "Satisfactory academic progress" means
the written standards of an eligible institution that a student is required to
meet in order to be eligible to receive federal student aid.
(w) "Undergraduate student" means a student
at an institution of higher education as defined in 34 CFR 674.
Notes
#7339, eff 8-3-00; ss by #8622, eff 5-4-06; ss by #9220, eff 8-1-08
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