Mich. Admin. Code R. 390.1551

Current through Vol. 24-19, November 1, 2024

Section R. 390.1551 - Definitions

Rule 1. As used in these rules:

(a) "Academic year" means that period beginning August 1 and ending by June of the following year for colleges with 8 or 9-month calendars or August 1 to July 31 for colleges with 12-month calendars.

(b) "Act" means Act No. 208 of the Public Acts of 1964, as amended, being S390.971 et seq. of the Michigan Compiled Laws.

(c) "Authority" means the Michigan higher education assistance authority.

(d) "Award" means a competitive scholarship award.

(e) "Class A high school," "class B high school," "class C high school," or "class D high school" means a high school with enrollment classifications designated by the Michigan high school athletic association.

(f) "Default" means failure to comply with the terms of a loan guaranteed by the authority so that the authority finds it necessary to reimburse the original lending institution for the balance of the loan.

(g) "Full-time" means a student who is enrolled for 12 or more semester credit hours or equivalent in trimester or quarter hours or the equivalent of 24 semester hours or 36 quarter hours per academic year for institutions using credit hours to measure progress, but not using semester, trimester, or quarter hours.

(h) "Part-time" means a student who is enrolled for not less than 6, but not more than 11, semester credit hours, trimester hours, or equivalent in quarter hours or at least 1/2 the credit defined as full-time in subdivision (g) of this rule.

(i) "Parent" means the mother, father, mother and father, or adoptive parents.

(j) "Postsecondary institution" means either a Michigan postsecondary institution listed in the federal publication entitled "Postsecondary Institutions Eligible For The Pell Grants Program" or a Michigan postsecondary institution eligible to be listed in the publication entitled "Directory of Institutions of Higher Education," published by the Michigan department of education.

(k) "Renewal applicant" means an applicant for an award who received such an award for any enrollment period during the previous academic year.

(l) "Residual applicant" means an applicant who, for any reason, failed to receive monetary award assistance through this program during the previous academic year.

Mich. Admin. Code R. 390.1551

1980 AACS; 1985 AACS; 1991 AACS