School Eligibility Clause Samples
The School Eligibility clause defines the criteria that a school must meet to participate in a particular program, agreement, or activity. Typically, this clause outlines requirements such as accreditation status, compliance with specific regulations, or minimum enrollment numbers. By clearly establishing which schools qualify, the clause ensures that only appropriate institutions are included, thereby maintaining standards and preventing misunderstandings about participation.
School Eligibility. Baccalaureate and graduate level courses must be taken for academic credit through colleges and universities accredited. Courses leading to certification must be taken at a school or through an organization that is authorized by the certifying authority to provide such educational programs.
School Eligibility. The Beneficiary can use funds in the Program to attend any United States school (and some foreign schools), public or private, qualifying as an Institution of Higher Education, including two-year, four-year, professional and vocational schools. Apprenticeship Programs are also included.
School Eligibility. Investments may be used at any eligible post- secondary school in the United States or abroad. For a list of eligible schools, please visit ▇▇▇.▇▇▇▇▇.▇▇.▇▇▇.
School Eligibility. The Beneficiary can use funds in the Plan to attend any United States school (and some foreign schools), public or private, qualifying as an institution of higher education, including two-year, four-year, professional and vocational schools. Funds may also be used for certain expenses in connection with Apprenticeship Programs. Funds may also be used for elementary or secondary public, private, or religious schools subject to a $10,000 annual limit and certain Illinois tax consequences. Investment Flexibility. The Treasurer and Plan Manager have designed forty (40) sets of Enrollment Year Portfolios and six (6) Static Allocation Portfolios for use in the Plan. In addition, contributions may be invested in any of the eighteen (18) Individual Portfolios designated by the Plan. The Enrollment Year and Static Allocation Portfolios invest in multiple Underlying Investments, and the Individual Portfolios invest in a single Underlying Investment. Account Owners do not own shares of the mutual funds, ETFs, or other Underlying Investments in which a Portfolio invests, but rather own shares in a Portfolio of the Plan. You can choose a Portfolio that is tailored to meet your investment objectives and risk profile. The Underlying Investments and Investment Portfolios may be modified from time to time by the Treasurer in its sole discretion and without providing notice to Account Owners. Illinois First Steps Program The Illinois First Steps Program (“First Steps”) is a college savings starter seed deposit program available to qualifying Illinois residents. First Steps is administered by the State of Illinois Treasurer’s Office (“Treasurer”) and currently provides for a one-time $50 seed deposit into an omnibus account on behalf of eligible children. First Steps enrollment began in 2023. Claim Process: A parent, or legal guardian, must claim the seed fund deposit for the eligible child by the eligible child’s tenth birthday. To claim the seed fund deposit, the parent or legal guardian must establish a Bright Start Direct-Sold College Savings Program Account or Bright Directions Advisor-Guided 529 College Savings Program Account and provide the applicable program with requested information to process the claim to the funds. An eligible child is eligible for only one $50 seed fund deposit regardless of the number of accounts opened for such child.
School Eligibility. An eligible school is a traditional public school, community school or charter non-public school that is housed in a building constructed before 1990.