(a) "Academic year" means a period of time within the fiscal year starting July 1 and ending the following June 30th, usually 8 to 9 months, during which a full-time student is expected to complete:
(1) At least 24 semester or trimester hours or 36 quarter hours in an educational program whose length is measured in credit hours; or
(2) At least 900 clock hours in an educational program whose length is measured in clock hours.
(b) "Academically qualified student" means an entering freshman or an upper-class applicant with a grade point average of at least 2.00 on a 4.00 basis and who meets satisfactory academic progress as determined by the institution.
(c) "Central processing system (CPS)" means the U.S. Department of Education's processing facility for Free Applications for Federal Student Aid application data.
(d)"Clock hour" means a period of instruction as defined in 34 CFR 600.
(e) "Cost of attendance" means the cost of education as determined by the institution under the provisions of the Higher Education Act of 1965, 20 U.S.C. 1070 et seq, as amended.
(f) "Eligible New Hampshire institution" means an institution:
(1) Whose main campus is within the boundaries of the state of New Hampshire; and
(2) Which:
a.Is approved, chartered or licensed by the state to provide an education or training beyond the secondary level;
b.Meets all the rules of eligibility as regards an institution of higher education under the 34 CFR 692;
c.Is regionally or nationally accredited by a recognized accrediting agency; and
d.Has been deemed eligible to receive federal funds under the Pell grant program by the United States Secretary of Education.
(g) "Eligible out-of-state institution" means an institution:
(1) Whose main campus is within the boundaries of Connecticut, Maine, Massachusetts, Rhode Island or Vermont;
(2) Is accredited by the New England Association of Schools and Colleges;
(3) Whose main campus is in a state which permits its students to utilize their state grants at New Hampshire institutions; and
(4) Which has been deemed eligible to receive federal funds under the Pell grant program by the United States Secretary of Education.
(h) "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;
b.Certificate; or
c.Other educational credential recognized by the United States Secretary of Education.
(i) "Eligible student" means a student qualified for a grant under the New Hampshire incentive grant program.
(j) "Expected family contribution (EFC)" means the amount, as defined in 34 CFR 682, that a student and his or her spouse or civil union partner and family are expected to contribute toward the student's cost of attendance
(k) "Financial need" means the difference between a student's cost of attendance and his or her EFC.
(l) "Full-time student" means an enrolled student as defined in 34 CFR 668.
(m) "Half-time student" means an enrolled student as defined in 34 CFR 682.
(n) "New Hampshire resident" means a resident of the state as specified by Pos 603.
(o) "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.
(p) "Undergraduate student" means a student who is at an institution of higher education as defined in 34 CFR 682.
N.H. Admin. Code § Pos 601.01
#1611, eff 7-17-80; amd by #2054, eff 6-14-82; ss by #2353, eff 4-27-83; ss by #3036, eff 6-17-85, EXPIRED: 6-17-91
New. #5187, eff 7-23-91; ss by #6398, eff 12-16-96, EXPIRED: 12-16-04
New. #8585, eff 3-17-06; ss by #9423, eff 3-14-09