"Academic term" means a semester, a trimester, a quarter, or any other equivalent term set forth by an eligible institution and used to divide an academic year into periods in which classes are held.

[Pre-2007 Higher Education Recodification Citation: 20-12-22.1-1.]

As added by P.L.2-2007, SEC.253. Amended by P.L.281-2013, SEC.2.