34 CFR 691.2 - Definitions.
(b) The following definitions used in this part are in subpart A of the Student Assistance General Provisions, 34 CFR part 668:
(c) The following definitions used in this part are in 34 CFR part 77:
(d) Other terms used in this part are:
ACG Scheduled Award: The maximum amount of an ACG that would be paid to a full-time first-year student or a full-time second-year student for the applicable year.
Annual award: The maximum ACG or National SMART Grant amount a student would receive for enrolling as a full-time, three-quarter-time, or half-time student and remaining in that enrollment status for one year.
Classification of Instructional Programs (CIP): A taxonomy of instructional program classifications and descriptions developed by the U.S. Department of Education's National Center for Education Statistics used to identify eligible majors for the National SMART Grant Program. Further information on CIP can be found at http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2002165.
Eligible major: A major, as identified by the Secretary under § 691.17(a), in one of the physical, life, or computer sciences, mathematics, technology, engineering, or a critical foreign language as defined in section 103(3) of the HEA; or a qualifying liberal arts curriculum as identified by the Secretary under § 691.17(b).
Eligible program: An eligible program as defined in 34 CFR 668.8 that -
(1) For purposes of the ACG Program -
(i) Is an undergraduate program of at least one academic year, but less than two academic years, in length that leads to a certificate at a two- or four-year degree-granting institution of higher education;
(ii) Is an undergraduate program of at least two academic years in length that leads to a certificate at a two- or four-year degree-granting institution of higher education;
(iii) Leads to an associate's degree or a bachelor's degree;
(iv) Is at least a two-academic-year program acceptable for full credit toward a bachelor's degree; or
(v) Is a graduate degree program that includes at least three years of undergraduate education; or
(2) For purposes of the National SMART Grant Program -
(ii) In the case of a five-year program, is a program that -
(A) Requires at least five full undergraduate years to complete, as certified by an appropriate institutional official in accordance with the institution's policies and procedures and documented in the institution's records;
(B) Contains not less than 24 semester hours, 36 quarter credits, or 900 clock hours in each year of the program, including the fifth year; and
(3) For purposes of paragraph (2)(ii)(A) of this definition, the appropriate official of an institution is the chief executive officer, provost, dean, academic department chairman, or other official with responsibility for setting a degree program's coursework.
Institutional Student Information Record (ISIR): An electronic record that the Secretary transmits to an institution that includes an applicant's -
(1) Personal identification information;
(2) Application data used to calculate the applicant's EFC; and
National SMART Grant Scheduled Award: The maximum amount of a National SMART Grant that would be paid to a full-time third-year, fourth-year, or fifth-year student for the applicable year.
Payment Data: An electronic record that is provided to the Secretary by an institution showing student disbursement information.
Student Aid Report (SAR): A report provided to an applicant by the Secretary showing the amount of his or her expected family contribution.
Valid Institutional Student Information Record (valid ISIR): An ISIR on which all the information used in calculating the applicant's expected family contribution is accurate and complete as of the date the application is signed.
Valid Student Aid Report (valid SAR): A Student Aid Report on which all of the information used in calculating the applicant's expected family contribution is accurate and complete as of the date the application is signed.
(1) As used in this part, the terms “first-year,” “second-year,” “third-year,” “fourth-year,” and “fifth-year” refer to a student's grade level in the student's eligible program as determined by the institution for all students in the eligible program.
(2) A student's grade level for purposes of the ACG and National SMART Grant programs must be the same grade level as used for determining annual loan limits under the FFEL and Direct Loan programs ( 34 CFR parts 682 and 685).
Title 34 published on 06-Jun-2018 04:02
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 34 CFR Part 691 after this date.