For the purposes of chapter 131-36 WAC, the following
definitions shall apply:
(1) "Fund"
shall mean the institutional financial aid fund established by
RCW
28B.15.820.
(2) "Current federal methodology" shall mean
the method of determining financial need as prescribed by the United States
Department of Education.
(3) "Loan
guarantor" shall mean the Washington student loan guaranty association or its
successor agency authorized to guarantee educational loans in Washington
granted pursuant to 20 U.S. Code Section
1071.
(4) "Operational" shall mean that the
institution has been approved as a lender and is eligible to provide loans
guaranteed by the Washington student loan guaranty association successor
agency.
(5) "Eligible student" is
defined in
RCW
28B.92.030(3).
(6) "Other institutional financial aid" shall
be defined as locally administered, need-based institutional employment,
tuition and fee scholarships, or grants.
Notes
Wash. Admin. Code §
131-36-050
Amended by
WSR
16-11-016, Filed 5/6/2016, effective
6/6/2016
Amended by
WSR
21-17-035, Filed 8/9/2021, effective
9/9/2021
Statutory Authority:
RCW
28B.15.820. 09-06-046, §
131-36-050, filed 2/25/09,
effective 3/28/09. Statutory Authority:
Chapter
28B.50 RCW. 98-15-012,
§
131-36-050, filed 7/2/98,
effective 8/2/98. Statutory Authority: 1981 c 257. 81-19-113 (Order 90,
Resolution 81-66), §
131-36-050, filed
9/23/81.
