- (1) "Board" means the higher education coordinating board.
- (2) "Institution" means a public four-year college or university within the state of Washington.
- (3) "Graduate fellowship program" means the program established by the legislature as provided by RCW 28B.10.880 through 28B.10.887.
- (4) "Trust fund" means the graduate fellowship trust fund established by the legislature as provided by RCW 28B.10.882.
- (5) "Private donation" means funds made specifically to the graduate fellowship program from nonpublic fund sources.
- (6) "Pledge" means an agreement between an institution and a private donor(s) establishing terms for a private donation to be made within a period of two years as provided by RCW 28B.10.884.
- (7) "Allocate" means to assign a share of the available fellowships to specific institutions until a date certain.
- (8) "Designate" means to set aside or reserve trust funds as a potential match to a pledged private donation upon notification to the board.
- (9) "Release funds" means the transfer of trust funds to an institution after notification to the board that the full amount of a pledged and designated private donation has been received.
[Statutory Authority: RCW 28B.10.883. WSR 98-22-026, § 250-73-015, filed 10/28/98, effective 11/28/98; WSR 90-16-029, § 250-73-015, filed 7/23/90, effective 8/23/90.]