20-A §11459. Definitions - Maine Statutes

Title 20-A: EDUCATION

Part 5: POST-SECONDARY EDUCATION

Chapter 417-C: HIGHER EDUCATION LOAN PROGRAM HEADING: PL 1991, C. 824, PT. A, §35 (NEW)

§11459. Definitions

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [1991, c. 824, Pt. A, §35 (NEW).]

1. Authority. "Authority" means the Finance Authority of Maine.

[ 1991, c. 824, Pt. A, §35 (NEW) .]

2. Eligible program of study. "Eligible program of study" means a certificate program of at least one year, an associate degree program, a baccalaureate degree program or a graduate degree program.

[ 1991, c. 824, Pt. A, §35 (NEW) .]

3. Institution of higher education. "Institution of higher education" means an accredited institution of higher education located within the United States.

[ 1991, c. 824, Pt. A, §35 (NEW) .]

4. Unmet need. "Unmet need" means the difference between the total cost of attendance for an academic year at an institution of higher education and the total of all sources of financial assistance, including loans, grants, work-study programs and all other available sources, as determined by the authority by rules adopted in accordance with Title 5, chapter 375.

[ 1991, c. 824, Pt. A, §35 (NEW) .]

SECTION HISTORY

1991, c. 824, §A35 (NEW).