OAR 801-060-0010: Definitions

(1) " Eligible Student " means an individual who meets the scholarship grant program eligibility requirements under OAR 801-60-0030, is currently enrolled at an eligible institution, and meets all other eligibility criteria established by rule or under the grant agreement. (2) " Cost of attendance ” means the sum of tuition and standard fees for the number of credit hours per academic term and the cost of required course materials necessary to complete the course. (3) “ Degree program ” means a program that leads to an associate, baccalaureate, master’s degree or professional certificate. (4) “ Eligible institution ” means a post-secondary education institution, as defined in Oregon Laws 2025, chapter 370. (5) “ Good standing ” means the eligible student is maintaining satisfactory academic progress as defined by the eligible institution in accordance with Federal Title IV regulations and guidelines. (6) " Grant agreemen t" means an agreement entered into between the Board of Accountancy and a nonprofit organization to administer the scholarship grant program. (7) “ Grantee ” means a nonprofit organization that agrees to administer a scholarship program to provide need-based scholarships to eligible students pursuing degrees or certifications in accounting at eligible institutions. (8) “ Tuition ” means the amount charged to an eligible student for a course as part of a degree program. (9) “ The Oregon Board of Accountancy Pipeline Scholarship Grant Program ” or “ Scholarship Grant Program ” means the program authorized under Oregon Laws 2025, chapter 370 and OAR 801-60-0010 to 801-60-0080.