Missouri Revised Statutes













Chapter 173

Department of Higher Education

←173.775

Section 173.778.1

173.781→

August 28, 2015

Definitions.

173.778. As used in sections 173.775 to 173.796, the following terms mean:



(1) "Board", the coordinating board for higher education;



(2) "Eligible institution", any approved public or private institution of

postsecondary education, as defined in section 173.205 or any other Missouri

private institution that:



(a) Is required by statute to be certified to operate by the board;



(b) Is institutionally accredited by a United States Department of

Education recognized accrediting commission;



(c) Has operated continuously in the state of Missouri for five or more

years;



(d) Has no more than fifty percent of its students in correspondence

programs;



(e) Offers a one-year or two-year certificate, associate or baccalaureate

degree programs, or graduate or professional degree programs; and



(f) Is approved for participation in the advantage Missouri program by

the board;



(3) "Eligible student", an individual who is enrolled full time in an

eligible institution, unless the board approves less than full-time

enrollment, who meets the eligibility requirements pursuant to subsection 1

of section 173.215 and who meets the following additional requirements:



(a) Has received a high school diploma, general educational development

certificate (GED), or its equivalent;



(b) Maintains satisfactory academic progress as determined by the

eligible institution such student attends in pursuing a one-year or two-year

certificate, associate or baccalaureate degree, or graduate or professional

degree. Failure to maintain satisfactory academic progress shall result in

ineligibility for continued participation in the program and ineligibility for

forgiveness of any loan or loans received;



(c) Is not currently confined in any federal or state correctional

facility or jail;



(d) Has not defaulted on the repayment of any previously granted higher

education loan; and



(e) Submits an application provided by the board for participation in the

program;



(4) "Fund", the advantage Missouri trust fund, established in section

173.775; and



(5) "Occupational areas of high demand", specific professions or skill

areas for which the board determines that the state is experiencing a

shortage of qualified employees;



(6) "Program", the advantage Missouri program established pursuant to

sections 173.775 to 173.796.



(L. 1998 H.B. 1694)







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