As used in this part 13, unless the context
otherwise requires:
(1)Department means the department of higher education created
pursuant to section 24-1-114.
(2)Department of education means the department of education created
in section 24-1-115.
(3)Eligible graduate means a low-income student who has graduated early
from a high school participating in the pilot program and who has met the
requirements of this part 13 to receive state funding under the pilot program.
(4)Fourth-year innovation pilot program fund or fund means the fourth-year innovation pilot program fund created in section 23-3.3-1306.
(5)Graduate early means being awarded a high school diploma from a high
school participating in the pilot program, prior to enrolling in the fourth year of high
school or pri
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As used in this part 13, unless the context
otherwise requires:
(1) Department means the department of higher education created
pursuant to section 24-1-114.
(2) Department of education means the department of education created
in section 24-1-115.
(3) Eligible graduate means a low-income student who has graduated early
from a high school participating in the pilot program and who has met the
requirements of this part 13 to receive state funding under the pilot program.
(4) Fourth-year innovation pilot program fund or fund means the fourth-year innovation pilot program fund created in section 23-3.3-1306.
(5) Graduate early means being awarded a high school diploma from a high
school participating in the pilot program, prior to enrolling in the fourth year of high
school or prior to the second semester of the fourth year of high school.
(6) Institution of higher education means a state institution of higher
education, as defined in section 23-18-102 (10), or any accredited campus of a state
institution of higher education; a local district college, as defined in section 23-71-102 (1)(a); an area technical college, as defined in section 23-60-103 (1); or a private
occupational school, as defined in section 23-64-103 (20), that is authorized by the
private occupational school division pursuant to article 64 of this title 23.
(7) Local education provider means:
(a) A school district organized pursuant to article 30 of title 22;
(b) A board of cooperative services created pursuant to article 5 of title 22
that operates a high school;
(c) A charter school authorized by a school district pursuant to part 1 of
article 30.5 of title 22; or
(d) An institute charter school authorized by the state charter school
institute pursuant to part 5 of article 30.5 of title 22.
(8) Low-income student means a student who was eligible for free or
reduced-price lunch pursuant to the provisions of the federal Richard B. Russell
National School Lunch Act, 42 U.S.C. sec. 1751 et seq., in any of grades eight
through twelve or who satisfies the income requirements for a grant from the
federal Pell grant program or a successor grant program based on the school year
in which the eligible graduate graduated early.
(9) Pilot program means the fourth-year innovation pilot program created
in section 23-3.3-1303.
(10) Postsecondary program means a degree or certificate program, other
than a professional degree in theology, as defined in section 23-18-102 (9.5),
offered by an institution of higher education, and a training program offered
through an approved provider included on the list of approved providers
disseminated by the department of labor and employment pursuant to section 8-83-225, and that meets the requirements set forth in section 23-3.3-1304 (3).
(11) (a) State funding means:
(I) For an eligible graduate graduating prior to the graduate's fourth year in
high school, the amount of money that an eligible graduate receives, calculated as
the greater of:
(A) Seventy-five percent of an amount equal to the average state share of
the state average per-pupil revenues for the 2021-22 budget year; or
(B) Three thousand five hundred dollars; and
(II) For an eligible graduate graduating prior to the second semester of the
graduate's fourth year of high school, the amount of money that an eligible
graduate receives, calculated as the greater of:
(A) Forty-five percent of an amount equal to the average state share of the
state average per-pupil revenues for the 2021-22 budget year; or
(B) Two thousand dollars.
(b) For purposes of the calculations in subsection (11)(a) of this section, the
average state share of the state average per-pupil revenues for the 2021-22 budget
year is the amount calculated during the 2021 regular legislative session.