Rule 268-10-3-.02. Definitions

The following definitions are used in these procedures:

1. (a) "Act" is The Higher Education Act of 1965, as amended, and the accompanying regulations.
2. (b) "Designated GHEAC Official" means an individual specifically named or designated by title or position to whom the responsibility for initiating and pursuing limitation, suspension, and termination procedures has been delegated.
3. (c) "Eligible Institution" means an eligible institution as defined in the Act.
4. (d) "Eligible Lender" means an eligible lender as defined in the Act.
5. (e) "GHEAC" means the Georgia Higher Education Assistance Corporation.
6. (f) "Limitation" means the imposition of specified conditions or special requirements for the continued participation of a school or lender in the GHEAC program.
7. (g) "PLUS Loans" means educational loans authorized by the federal and state governments to help parents of dependent undergraduate or graduate students pay the costs of education beyond high school.
8. (h) "Presiding Officer" means an impartial person who has no prior involvement with the facts giving rise to a limitation, suspension or termination proceeding and who is selected by the Executive Director of GHEAC to conduct a hearing.
9. (i) "SLS Loans" means supplemental loans for students authorized by the federal and state governments to help independent undergraduate, graduate and professional students pay the costs of education beyond high school.
10. (j) "Stafford Loans" means a low interest, educational loan, authorized by the federal and state governments to help students who demonstrate financial need pay the costs of education beyond high school.
11. (k) "Suspension" means the removal of a school or lender from participation in the GHEAC program for a specified period of time or until specified conditions are met.
12. (l) "Termination" means the removal of a school or lender from further participation in the GHEAC program for an indefinite period of time.

Authority: Ga. L. 1987 p. 564 (Ga. Code Ann. 20-3-266).

History. ER 268-10-3-0.3-.02 was F. Aug. 31, 1992, eff. Aug. 27, 1992, the date of adoption, to remain in effect for a period of 120 days or until the effective date of a permanent Rule covering the same subject matter superseding said ER, as specified by the Agency.

Amended: Permanent Rule entitled "Definitions" adopted. F. Nov. 20, 1992; eff. Dec. 10, 1992.