057-1 Wyo. Code R. §§ 1-7 - Definitions - Wyoming Works Program
(a) "Academic term"
as defined in
W.S.
21-18-402, shall include "payment period " as
having the same meaning as "term" and "semester."
(b) "Academic year " means a period of time
that begins with the summer semester and ends with the spring semester in the
following year.
(c) "CFR " means the
Code of Federal Regulations, and is the codification of the general and
permanent rules published in the Federal Register by the departments and
agencies of the federal government.
(d) "Consortium" as defined in
W.S.
21-18-402, shall be established through
contractual or written agreements, or memoranda of understanding.
(e) "Cost of attendance " as referenced in
Chapter 5, Section
13 of these rules may be denoted as
"COA."
(f) "Direct costs " means the
enrollment expenses a student is responsible for paying directly to the
community college, such as tuition and fees , mandatory fees , room and board,
and books and supplies. Direct costs are included in the COA
calculation.
(g) "EFC " means the
Expected Family Contribution - the measure of a family's financial strength
calculated according to a formula established by federal law.
(h) "FAFSA " means the Free Application for
Federal Student Aid. It is the student aid application provided for under
section 483 of the HEA , which
is used to determine an applicant's eligibility for federal student aid
programs.
(j) "Gift aid " means
federal, public or private financial assistance, such as grants and
scholarships received by a student in conjunction with their enrollment in an
approved program at a community college, and that do not need to be repaid.
Gift aid excludes federal and private student loans, work-study, and all other
types of student employment affiliated with enrollment in an approved program
at a community college.
(k) "HEA "
means the Higher Education Act, federal legislation passed in 1965 with
amendments and reauthorizations subsequently passed, authorizing federal
postsecondary student financial aid programs and mandating that the programs be
regulated and administered by the U.S. Department of Education.
(m) "Indirect Costs " means the expenses a
student incurs due to enrollment in a community college, as determined annually
by the college in accordance with
W.S.
21-18-404 (b), that are not
paid to the community college. Indirect expenses are limited to travel and
personal expenses, and are included in COA calculation.
(n) "Payment Period " means the academic
period or period of enrollment established by an institution for which a
student grant may be disbursed. Payments for all student grants under
W.S.
21-18-401 through
W.S.
21-18-409 must be made on a payment period
basis.
(o) "SAP " means Satisfactory
Academic Progress. SAP determinations are qualitative and/or quantitative
evidence or markers that signify a student is completing requirements toward
finishing an approved for-credit or non-credit program in a timely
fashion.
Notes
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