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- Alaska Statutes.
- Title 14. Education, Libraries, and Museums
- Chapter 43. Financial Aid Programs For Postsecondary Students
- Section 160. Definitions.
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Section 155. Nature of Remedies.
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Section 161. Purpose; Creation.
AS 14.43.160. Definitions.
In AS 14.43.091 - 14.43.160, unless the context otherwise requires,
(1) "career education" means a course or program in vocational-technical training or education approved by the commission;
(2) "federally insured" means a loan covered by the provisions of 20 U.S.C. 1001 - 1155, as amended;
(3) "full-time student" means an undergraduate or career education student who is enrolled and is in regular attendance at
classes for at least 12 semester hours of credit or the equivalent during the semester or a graduate student who is
enrolled and is in regular attendance at classes for at least nine semester hours of credit or the equivalent; any
combination of semester hours of credit, or the equivalent, aggregating to the requisite number of semester hours and
undertaken during a semester at two or more public or private institutions of higher education constitutes full-time
student status;
(4) "half-time student" means an undergraduate, graduate, or career education student who during the semester is enrolled
and is in regular attendance at classes at one or more public or private institutions of higher education for six to 11 semester credit
hours or an equivalent of six to 11 semester credit hours, and includes a career education student enrolled and in regular attendance
in classes for 15 hours a week or a graduate student who is enrolled and is in regular attendance at classes for the equivalent of six
to eight semester hours of credit or the equivalent;
(5) "school year" means an academic period that is a minimum of 30 weeks of instructional time that begins between
July 1 of one year and June 30 of the following year;
(6) "summer term" means the period from June 1 through August 31.
Article 05. ALASKADVANTAGE LOAN PROGRAM
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