Title 20-A, §12541: Definitions - Maine Legislature

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§12535 Title 20-A: EDUCATION Part 5: POST-SECONDARY EDUCATION Chapter 428-C: JOB CREATION THROUGH EDUCATIONAL OPPORTUNITY PROGRAM §12542

§12541. Definitions

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.   [PL 2007, c. 469, Pt. A, §1 (NEW).] 1.  Accredited Maine community college, college or university.  "Accredited Maine community college, college or university" means an institution that is accredited by a regional accrediting association or by one of the specialized accrediting agencies recognized by the United States Secretary of Education and is:   A. Any campus of the Maine Community College System;   [PL 2007, c. 469, Pt. A, §1 (NEW).] B. Any campus of the University of Maine System;   [PL 2007, c. 469, Pt. A, §1 (NEW).] C. The Maine Maritime Academy;   [PL 2007, c. 469, Pt. A, §1 (NEW).] D. Any educational institution that is located in this State and has authorization to confer an associate degree or a bachelor's degree, in accordance with sections 10704 and 10704‑A;   [PL 2007, c. 469, Pt. A, §1 (NEW).] E. Any educational institution that is located in this State and is exempted from chapter 409 under section 10708, subsections 1 and 2; and   [PL 2007, c. 469, Pt. A, §1 (NEW).] F. Any educational institution that is located in this State and is operating under a certificate of temporary approval from the state board under section 10703, to the extent that a student is ultimately able either to obtain an associate or a bachelor's degree at that institution or to transfer to and obtain a degree from an institution described in paragraphs A to E.   [PL 2007, c. 469, Pt. A, §1 (NEW).] [PL 2009, c. 553, Pt. A, §1 (AMD).] 1-A.  Accredited non-Maine community college, college or university.  [PL 2021, c. 635, Pt. H, §1 (RP).] 2.  Benchmark loan payment.  [PL 2013, c. 525, §1 (RP).] 2-A.  Educational cost-of-living adjustment.  [PL 2013, c. 525, §2 (RP).] 3.  Educational institution.  "Educational institution" has the same meaning as in section 10701, subsection 3.   [PL 2007, c. 469, Pt. A, §1 (NEW).] 4.  Educational opportunity tax credit.  [PL 2021, c. 635, Pt. H, §2 (RP).] 4-A.  Financial aid package.  [PL 2021, c. 635, Pt. H, §3 (RP).] 5.  Maine resident.  [PL 2021, c. 635, Pt. H, §4 (RP).] 6.  Opportunity contract.  [PL 2009, c. 553, Pt. A, §6 (RP).] 7.  Principal cap.  [PL 2013, c. 525, §4 (RP).] 8.  Qualified employee.  [PL 2021, c. 635, Pt. H, §5 (RP).] 9.  Qualified individual.  [PL 2021, c. 635, Pt. H, §6 (RP).] SECTION HISTORY PL 2007, c. 469, Pt. A, §1 (NEW). PL 2009, c. 553, Pt. A, §§1-7 (AMD). PL 2011, c. 665, §1 (AMD). PL 2013, c. 525, §§1-6 (AMD). PL 2015, c. 300, Pt. A, §4 (AMD). PL 2021, c. 635, Pt. H, §§1-6 (AMD). The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public. If you need legal advice, please consult a qualified attorney. Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007 Data for this page extracted on 10/20/2025 14:32:56. Maine Government Legislature • Executive • Judicial • Agency Rules Visit the State House Tour Guide • Accessibility • Security Screening • Directions & Parking Email Office of the Revisor of Statutes