[Code of Federal Regulations]
[Title 34, Volume 3]
[Revised as of July 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 34CFR691.2]

[Page 911-912]
 
                           TITLE 34--EDUCATION
 
 CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION
 
PART 691_ACADEMIC COMPETITIVENESS GRANT (ACG) AND NATIONAL SCIENCE AND 
 
            Subpart A_Scope, Purpose, and General Definitions
 
Sec. 691.2  Definitions.

    (a) The following definitions used in this part are in the 
regulations for Institutional Eligibility under the Higher Education Act 
of 1965, as amended, 34 CFR part 600:

Award year
Clock hour
Correspondence course
Eligible institution
Regular student
Secretary
State
Title IV, HEA program

    (b) The following definitions used in this part are in subpart A of 
the Student Assistance General Provisions, 34 CFR part 668:

Academic year
Enrolled

[[Page 912]]

Expected family contribution
Federal Pell Grant Program
Full-time student
HEA
Payment period

    (c) The following definitions used in this part are in 34 CFR part 
77:

Local educational agency (LEA)
State educational agency (SEA)

    (d) Other terms used in this part are:
    ACG Scheduled Award: The amount of an ACG that would be paid to a 
full-time student for a full academic year.
    Eligible major: A major, as identified by the Secretary under Sec. 
691.17, in one of the physical, life, or computer sciences, mathematics, 
technology, engineering, or a critical foreign language.
    Eligible program: An eligible program as defined in 34 CFR 668.8 
that--
    (1) For purposes of the ACG Program, leads to an associate's degree 
or a bachelor's degree; is a two-academic-year program acceptable for 
full credit toward a bachelor's degree; or is a graduate degree program 
that includes at least 3 academic years of undergraduate education; or
    (2) For purposes of the National SMART Grant Program, leads to a 
bachelor's degree in an eligible major or is a graduate degree program 
in an eligible major that includes at least 3 academic years of 
undergraduate education.
    Institutional Student Information Record (ISIR): An electronic 
record that the Secretary transmits to an institution that includes an 
applicant's--
    (1) Personal identification information;
    (2) Application data used to calculate the applicant's EFC; and
    (3) EFC.
    National SMART Grant Scheduled Award: The amount of a National SMART 
Grant that would be paid to a full-time student for a full academic 
year.
    Payment Data: An electronic record that is provided to the Secretary 
by an institution showing student disbursement information.
    Student Aid Report (SAR): A report provided to an applicant by the 
Secretary showing the amount of his or her expected family contribution.
    Undergraduate student: A student enrolled in an undergraduate course 
of study at an institution of higher education who--
    (1) Has not earned a baccalaureate or first professional degree; and
    (2) Is in an undergraduate course of study which usually does not 
exceed 4 academic years, or is enrolled in a 4 to 5 academic year 
program designed to lead to a first degree. A student enrolled in a 
program of any other length is considered an undergraduate student for 
only the first 4 academic years of that program.
    Valid Institutional Student Information Record (valid ISIR): An ISIR 
on which all the information used in calculating the applicant's 
expected family contribution is accurate and complete as of the date the 
application is signed.
    Valid Student Aid Report (valid SAR): A Student Aid Report on which 
all of the information used in calculating the applicant's expected 
family contribution is accurate and complete as of the date the 
application is signed.

(Authority: 20 U.S.C. 1070a-1)