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2022 New Hampshire Revised Statutes
Title XV - Education
Title 195-E - Loan Corporations
Section 195-E:2 - Definitions.
Universal Citation: NH Rev Stat § 195-E:2 (2022)
195-E:2 Definitions. –
In this chapter:
I. "Authority" means the New Hampshire health and education facilities authority, established under RSA 195-D:4.
II. "Loan corporation" means any corporation established under RSA 195-E:3. A loan corporation may make student loans to students of more than one qualified educational institution, or to the parents of those students.
III. "Educational institution" means any institution for postsecondary or higher education as defined in RSA 195-D:3, V, and in addition means any institution for postsecondary training and education or which awards an undergraduate or advanced degree, whether located within or without the state of New Hampshire.
IV. "Qualified educational institution" means any educational institution whose principal campus or principal facilities are located within the state of New Hampshire.
V. "Eligible student" means any student attending a qualified educational institution and any New Hampshire resident attending an educational institution.
VI. "Foundation" means the New Hampshire higher education assistance foundation or any voluntary nonprofit corporation organized under RSA 292 by 5 members of the board of trustees of the New Hampshire higher education assistance foundation who have been duly authorized so to do by a 2/3 vote of the said board of trustees.
VII. "Parent" means mother, father or adoptive parent and shall include any person with the duty and authority to make important decisions in matters having a permanent effect on the life and development of the student and to be concerned about the general welfare of the student.
In this chapter:
I. "Authority" means the New Hampshire health and education facilities authority, established under RSA 195-D:4.
II. "Loan corporation" means any corporation established under RSA 195-E:3. A loan corporation may make student loans to students of more than one qualified educational institution, or to the parents of those students.
III. "Educational institution" means any institution for postsecondary or higher education as defined in RSA 195-D:3, V, and in addition means any institution for postsecondary training and education or which awards an undergraduate or advanced degree, whether located within or without the state of New Hampshire.
IV. "Qualified educational institution" means any educational institution whose principal campus or principal facilities are located within the state of New Hampshire.
V. "Eligible student" means any student attending a qualified educational institution and any New Hampshire resident attending an educational institution.
VI. "Foundation" means the New Hampshire higher education assistance foundation or any voluntary nonprofit corporation organized under RSA 292 by 5 members of the board of trustees of the New Hampshire higher education assistance foundation who have been duly authorized so to do by a 2/3 vote of the said board of trustees.
VII. "Parent" means mother, father or adoptive parent and shall include any person with the duty and authority to make important decisions in matters having a permanent effect on the life and development of the student and to be concerned about the general welfare of the student.
Source. 1981, 229:1. 1983, 112:2. 1986, 23:2, 3. 1999, 253:16, eff. July 9, 1999.
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