§ 32-3071 — Definitions

In this article, unless the context otherwise requires:

1. "Assessment" means the amount a private postsecondary education institution is required to pay to the student tuition recovery fund.

2. "Ceasing operations" means that a private postsecondary education institution has stopped offering educational courses or programs to the public for any reason.

3. "Distance learning instruction" means a written correspondence or online education program for students who are enrolled in an institution licensed under this chapter.

4. "Fund" means the student tuition recovery fund.

5. "Newly enrolled student" means a student who is enrolling with a private postsecondary education institution for the first time.

6. "Person injured" means a student of a private postsecondary education institution that charges prepaid tuition to a student who is damaged monetarily by the institution ceasing operations before fulfilling its contractual obligations or fully providing the services that were paid for in advance. Person injured does not include a nonresident student who is eligible to claim for recovery under a student tuition recovery fund or similar fund in the student's state of residence.

7. "Prepaid tuition" means monies that are advanced to an educational institution before the educational institution provides its service.

8. "Private postsecondary education institution" or "institution" means an educational institution that is subject to licensure under this chapter.

9. "Total course cost" means the tuition and other fees that are charged by the private postsecondary education institution for each course offered.