§ 15-1911 – Authority to enter compact; terms of interstate compact on educational opportunity for military children
15-1911. Authority to enter compact; terms of interstate compact on educational opportunity for military children ARTICLE I PURPOSE It is the purpose of this compact to remove barriers to educational success imposed on children of military families because of frequent moves and deployment of their parents by: A. Facilitating the timely enrollment of children of […]
§ 15-1874 – Use of contractor as account depository and manager
15-1874. Use of contractor as account depository and manager A. The treasurer shall implement the operation of the plan through the use of one or more financial institutions to act as the depositories of the fund and managers of the plan. Under the plan, persons may submit applications for enrollment in the plan and establish […]
§ 15-2301 – Hazing prevention policies; definitions
15-2301. Hazing prevention policies; definitions A. Every public educational institution in this state shall adopt, post and enforce a hazing prevention policy. The hazing prevention policy shall be printed in every student handbook for distribution to parents and students. Each hazing prevention policy shall include: 1. A definition of hazing pursuant to subsection C, paragraph […]
§ 15-1875 – Plan requirements
15-1875. Plan requirements A. The plan shall be operated through the use of accounts in the fund established by account owners. Payments to the fund for participation in the plan shall be made by account owners pursuant to tuition savings agreements. An account may be opened by any person who desires to invest in the […]
§ 15-2401 – Definitions
15-2401. Definitions (L22, Ch. 388, sec. 1 In this chapter, unless the context otherwise requires: 1. " Annual education plan" means an initial individualized evaluation and subsequent annual reviews that are developed for a qualified student who meets the criteria specified in paragraph 7, subdivision (a), item (i), (ii) or (iii) of this section to […]
§ 15-1876 – Higher education expenses; exemption from taxation
15-1876. Higher education expenses; exemption from taxation Notwithstanding any other law, the amount of any distribution to a designated beneficiary, as defined in section 529(e)(1) of the internal revenue code, from an individual trust account or savings account established under this article is exempt from taxation under title 43 but only to the extent that […]
§ 15-1877 – Scholarships and financial aid provisions
15-1877. Scholarships and financial aid provisions A. Any student loan program, student grant program or other financial assistance program established or administered by this state shall treat the balance in an account of which the student is a designated beneficiary as neither an asset of the parent of the designated beneficiary nor as a scholarship, […]
§ 15-1878 – Limits of article
15-1878. Limits of article A. This article does not: 1. Give any designated beneficiary any rights or legal interest with respect to an account unless the designated beneficiary is the account owner. 2. Guarantee that a designated beneficiary will be admitted to an eligible educational institution or be allowed to continue enrollment at or graduate […]
§ 15-1879 – Annual report
15-1879. Annual report The treasurer shall submit an annual report to the speaker of the house of representatives, the president of the senate and the governor by March 1 that summarizes the treasurer’s findings and recommendations concerning the plan established by this article.
§ 15-1881 – Postsecondary health sciences programs; definitions
15-1881. Postsecondary health sciences programs; definitions A. A program in a public or private postsecondary institution that requires clinical training in hospitals or other health care facilities as part of its educational program may require as a condition of acceptance as a health sciences student or as a condition of employment as a clinical assistant […]