When used in this article the following terms have the following meanings, unless the context clearly indicates a different meaning:
(a) "ABET" means the accrediting board for engineering and technology.
(b) "ABET approved engineering major" means a major approved by ABET's engineering accreditation commission.
(c) "ABET approved technology major" means a major approved by ABET's technology accreditation commission.
(d) "Eligible institution of higher education" means:
(1) A state institution of higher education as defined in section two, article one, chapter eighteen-b of this code; and (2) Alderson-Broaddus College, Appalachian Bible College, Bethany College, the College of West Virginia, Davis and Elkins College, Ohio Valley College, Salem-Teikyo College, the University of Charleston, West Virginia Wesleyan College and Wheeling Jesuit College, all in West Virginia, and any other institution of higher education in this state, public or private, approved by the senior administrator: Provided, That if any institution listed in this paragraph is not regionally accredited, it shall not be included as an eligible institution;