Section 21-23B-4 - Program participation by post-secondary educational institutions; qualificationsA. The department shall provide an application form to allow post-secondary educational institutions to apply to participate in the interstate distance education program.B. The department shall establish qualifications that an applicant shall demonstrate for acceptance as a participating post-secondary educational institution. At a minimum, the department shall require an applicant to provide documentation showing: (1) compliance with the interregional guidelines for the evaluation of distance education programs adopted by the council of regional accrediting commissions;(2) current accreditation; and(3) for private post-secondary educational institutions, a financial responsibility composite score of one and five-tenths or greater as assigned by the United States department of education in its most recent fiscal year report.C. An applicant accepted for participation in the interstate distance education program shall enter into a participation agreement with the department.Added by 2015, c. 23,s. 4, eff. 6/19/2015.