1. (a) Any institution that plans to close shall inform the commission by forwarding the following:

   1. (1) A transition plan and timetable that addresses and includes, but is not limited to:

      1. a. Public disclosure and student and donor notification;
      2. b. Changes in internal governance and leadership structure; and
      3. c. Changes in faculty and staff appointments;

   2. (2) A plan for discontinuation of programs that includes:

      1. a. Number of students impacted;
      2. b. Teach-out schedule detailing program completion at current institution; and
      3. c. Evidence of arrangement with another accredited institution for student transfer;
   3. (3) Evidence of fiscal resources necessary to support the transition;
   4. (4) Accreditor(s) expectations; and
   5. (5) Any correspondence to and from accrediting agencies.

2. (b) In addition to the requirements outlined in RSA 292:8-kk, any institution that closes shall also submit the following:

   1. (1) Two certified transcripts and an electronic transcript for each student who was enrolled for instruction at the institution;
   2. (2) One original copy of catalogs for each year in existence;
   3. (3) An explanation of the institution’s credit and grading system; and
   4. (4) A typed list of students.

Source. #10429, eff 10-5-1313 (See Revision Note at chapter heading for Hedc 400); ss by #13802, eff 11-2-23; ss by #14404, eff 10-15-25, EXPIRES: 10-15-35