20-26-603. Definitions. As used in this part, the following definitions apply:
     (1) "Accredited" means a school that is accredited by the board of public education pursuant to 20-7-102.
     (2) "Board" means the board of regents of higher education created by Article X, section 9(2), of the Montana constitution.
     (3) "Council" means the governor's postsecondary scholarship advisory council created in 2-15-1524.
     (4) "Montana private college" means a nonprofit private educational institution:
     (a) with its main campus and primary operations located within the state; and
     (b) that offers education on the level of a baccalaureate degree and is accredited for that purpose by a national or regional accrediting agency recognized by the board.
     (5) "Postsecondary institution" means:
     (a) a unit of the Montana university system, as defined in 20-25-201;
     (b) a Montana community college, defined and organized as provided in 20-15-101; or
     (c) an accredited tribal community college located in the state of Montana.
     (6) "Scholarship" means a payment toward the cost of attendance at a qualifying postsecondary institution, rounded up to the nearest dollar.
     (7) "Title IV" refers to Title IV of the Higher Education Act of 1965, as amended.

     History: En. Sec. 3, Ch. 489, L. 2005; amd. Sec. 22, Ch. 1, Sp. L. May 2007; amd. Sec. 4, Ch. 140, L. 2011.