An eligible institution wishing to participate in the scholarship program shall:

1. (a) Enter into a participation agreement with the commission, as described in Csp 408, and provide a certificate of authority stating who is authorized to sign on behalf of the institution;
2. (b) Make available to the commission annually, by November 1st, the number of full-time undergraduate New Hampshire residents who are enrolled in the institution; and

3. (c) Provide documentation confirming that as a private postsecondary institution:

   1. (1) It has been approved to operate in the state by the higher education commission pursuant to RSA 21-N:8-a;
   2. (2) It is eligible to receive federal Title IV funds;
   3. (3) It has been accredited by the New England Commission of Higher Education; and
   4. (4) It is exempt under section 501(c) of the U.S. Internal Revenue Code.

Source. #13144, eff 12-9-20 (see Revision Note at chapter heading for Csp 400); ss by #13302, eff 12-10-21