"Institution of higher education," for the purpose of this section, means an educational institution which:
- (1) Admits as regular students only individuals having a certificate of graduation from a high school, or the recognized equivalent of such a certificate;
- (2) Is legally authorized in this State to provide a program of education beyond high school;
- (3) Provides an educational program for which it awards a bachelor's or higher degree, or provides a program which is acceptable for full credit toward such a degree, a program of postgraduate or postdoctoral studies, or a program of training to prepare students for gainful employment in a recognized occupation; and
- (4) Is a public or other nonprofit institution.
- (5) Notwithstanding any of the foregoing provisions of this subsection, all colleges and universities in this State are institutions of higher education for purposes of this section.
HISTORY: 1962 Code Section 68-17.2; 1971 (57) 950.