Section 14.02. Definitions.

 

(1)  "Board" means the higher educational aids board

(2)  "Eligible institution" means a non-profit, private institution of higher education in Wisconsin or a physically adjacent state [(as defined in s. 175.46 (1) (d) , Stats.] which is accredited by a national or state accrediting agency, and which provides a program that prepares persons to be licensed as teachers of visually impaired pupils or as orientation and mobility instructors.

(3)  "Forbearance" means an extension of time for making loan payments or the acceptance of smaller payments than were previously scheduled.

(4)  "Grace period" means a six-month period following withdrawal or graduation during which the borrower is not responsible for interest or payment.

(5)  "Loan" means a loan made under the Teacher of the Visually Impaired Loan Program.

History: CR 01-079 : Cr. Register January 2002 No. 553 , eff. 2-1-02.