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Award
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EDGAR
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Accredited means the status of public recognition which a nationally recognized accrediting agency or association grants to an institution which meets certain established qualifications and educational standards.
Graduate means a student who has attended an institution for at least three semesters and fulfilled academic requirements for undergraduate studies in not more than five consecutive school years.
Junior or community college means an institution of higher education that-
Pell Grant means the grant program authorized by Title IV-A-1 of the Higher Education Act of 1965, as amended.
Preaccredited means a status, also called candidacy status, that a nationally recognized accrediting agency or association, recognized by the Secretary to grant that status, has accorded an unaccredited institution that is making reasonable progress toward accreditation.
School year means the period of time from July 1 of one calendar year through June 30 of the subsequent calendar year. (A "school year" is equivalent to an "award year" under the Pell Grant Program.)
34 C.F.R. §608.4
Authority: 20 U.S.C. 1060-1063