§ 2875. Findings and intent
§ 2875. Findings and intent (a) The general welfare and well-being of the State are directly related to the educational levels and skills of its citizens. (b) It is the policy of the State to advance postsecondary education opportunities by using the State’s limited resources in an effective, efficient, and equitable manner. (c) Given the […]
§ 2876. Definitions
§ 2876. Definitions As used in this subchapter, except where the context clearly requires another interpretation: (1) “Beneficiary” means any individual designated by a participation agreement to benefit from payments for qualified postsecondary education costs. (2) “Benefits” means the payment of qualified postsecondary education costs on behalf of a beneficiary from a participant’s investment plan […]