261.102 - DEFINITIONS.
261.102 DEFINITIONS.
1. "Accredited private institution" means an institution of
higher education as defined in section 261.9, subsection 1.
2. "Commission" means the college student aid commission.
3. "Financial need" means the difference between the
student's financial resources, including resources available from the
student's parents and the student, as determined by a completed
parents' financial statement and including any noncampus-administered
federal or state grants and scholarships, and the student's estimated
expenses while attending the institution. A student shall accept all
available federal and state grants and scholarships before being
considered eligible for grants under the Iowa minority academic
grants for economic success program. Financial need shall be
reconsidered on at least an annual basis.
4. "Full-time student" means an individual who is enrolled at
an accredited private institution, community college, or board of
regents' university for at least twelve semester hours or the
trimester or quarter equivalent.
5. "Minority person" means an individual who is African
American, Hispanic, Asian, or a Pacific Islander, American Indian, or
an Alaskan Native American.
6. "Part-time student" means an individual who is enrolled at
an accredited private institution, community college, or board of
regents' university in a course of study including at least three
semester hours or the trimester or quarter equivalent of three
semester hours.
7. "Program" means the Iowa minority academic grants for
economic success program established in this division. Section History: Recent Form
89 Acts, ch 319, § 54; 90 Acts, ch 1253, § 15, 122; 2009 Acts, ch
41, §103
Referred to in § 262.82, 262.93