Current through Register Vol. 54, No. 52, December 28, 2024
Section 42.42 - Financial stability(a) Financial stability shall be determined by the comparison of current fund expenditure accounts of the institution against current fund revenue accounts over the 5-year period prior to the request for a graduate program.(b) There shall be a 3-year projection of anticipated income and expenditures. This projection shall demonstrate the ability of the institution to support a graduate program. This section cited in 22 Pa. Code § 42.32 (relating to approval process).