§ 6-82-1602 - Definitions. - Arkansas Statutes

6-82-1602. Definitions.

As used in this subchapter, unless the context otherwise requires:

(1) "Approved institution" means a public-supported or private, non profit postsecondary institution with its primary headquarters located in Arkansas that is eligible to receive Title IV federal student aid funds or any nursing school with its primary headquarters located in Arkansas that is eligible to participate in Title IV federal student aid programs;

(2) "Arkansas Workforce Improvement Grant" means the amount of money paid by the State of Arkansas to a qualified applicant under this subchapter;

(3) "Credit certificate" means certificate programs that are taken for credit;

(4) "Department" means the Department of Higher Education;

(5) "Eligible student" means any student who meets the criteria set out in this subchapter and who is eligible by rules and regulations authorized by this subchapter and promulgated by the Arkansas Higher Education Coordinating Board;

(6) (A) "Financial need" means the difference between the student's financial resources available as determined by the department and the student's total educational expenses, including tuition, mandatory fees, and board and room while attending an approved private or public institution of postsecondary education.

(B) In determining need, the department shall employ a formula of or a formula similar to a nationally recognized comprehensive mechanism for determining need;

(7) "Full-time student" means an individual resident of Arkansas as defined by the department who:

(A) Is a student at an approved private or public institution in a course of study leading to an associate's or bachelor's degree or completion of an occupational training program; and

(B) Is enrolled in at least twelve (12) semester hours or some other reasonable academic equivalent as defined by the department;

(8) "Program" means the Arkansas Workforce Improvement Grant Program;

(9) "Qualified student" means a student who meets eligibility criteria and financial need as determined by the department and who has demonstrated that a Workforce Improvement Grant is warranted; and

(10) "Tuition" means charges levied for attendance at an approved institution, including mandatory fees.