RSA 195-E:2 · Definitions

195-E:2 Definitions. – In this chapter:

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I.

"Authority" means the New Hampshire health and education facilities authority, established under RSA 195-D:4.

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II.

"Loan corporation" means any corporation established under RSA 195-E:3. A loan corporation may make student loans to students of more than one qualified educational institution, or to the parents of those students.

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III.

"Educational institution" means any institution for postsecondary or higher education as defined in RSA 195-D:3, V, and in addition means any institution for postsecondary training and education or which awards an undergraduate or advanced degree, whether located within or without the state of New Hampshire.

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IV.

"Qualified educational institution" means any educational institution whose principal campus or principal facilities are located within the state of New Hampshire.

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V.

"Eligible student" means any student attending a qualified educational institution and any New Hampshire resident attending an educational institution.

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VI.

"Foundation" means the New Hampshire higher education assistance foundation or any voluntary nonprofit corporation organized under RSA 292 by 5 members of the board of trustees of the New Hampshire higher education assistance foundation who have been duly authorized so to do by a 2/3 vote of the said board of trustees.

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VII.

"Parent" means mother, father or adoptive parent and shall include any person with the duty and authority to make important decisions in matters having a permanent effect on the life and development of the student and to be concerned about the general welfare of the student.

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VIII.

"Business finance authority" means the New Hampshire business finance authority established pursuant to RSA 162-I. Source. 1981, 229:1. 1983, 112:2. 1986, 23:2, 3. 1999, 253:16, eff. July 9, 1999. 2024, 150:2, eff. Sept. 1, 2024.

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