Section 201 - Definitions.

UT Code § 53B-10-201 (2019) (N/A)
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(1) "Full-time" means the number of credit hours the board determines is full-time enrollment for a student.

(2) "GOED" means the Governor's Office of Economic Development created in Section 63N-1-201.

(3) "Incentive loan" means a loan described in Section 53B-10-202.

(4) "Institution" means an institution of higher education that is part of the Utah System of Higher Education described in Subsection 53B-1-102(1)(a).

(5) "Program" means the Talent Development Incentive Loan Program created in Section 53B-10-202.

(6) "Qualifying degree" means an associate's or a bachelor's degree that qualifies an individual to work in a qualifying job, as determined by GOED under Section 53B-10-203.

(7) "Qualifying job" means a job: (a) described in Section 53B-10-203 for which an individual may receive an incentive loan for the current two-year period; or (b) (i) that was selected in accordance with Section 53B-10-203 at the time a recipient received an incentive loan; and (ii) (A) for which the recipient is pursuing a qualifying degree; (B) for which the recipient completed a qualifying degree; or (C) in which the recipient is working.

(a) described in Section 53B-10-203 for which an individual may receive an incentive loan for the current two-year period; or

(b) (i) that was selected in accordance with Section 53B-10-203 at the time a recipient received an incentive loan; and (ii) (A) for which the recipient is pursuing a qualifying degree; (B) for which the recipient completed a qualifying degree; or (C) in which the recipient is working.

(i) that was selected in accordance with Section 53B-10-203 at the time a recipient received an incentive loan; and

(ii) (A) for which the recipient is pursuing a qualifying degree; (B) for which the recipient completed a qualifying degree; or (C) in which the recipient is working.

(A) for which the recipient is pursuing a qualifying degree;

(B) for which the recipient completed a qualifying degree; or

(C) in which the recipient is working.

(8) "Recipient" means an individual who receives an incentive loan.