For purposes of this chapter, the following terms shall have the following definitions.
(a) "Accredited college or university" means a college or university that has obtained regional accreditation from a regional accreditation agency that is approved by the United States Department of Education to provide regional accreditation.
(b) "Domiciled" shall mean establishing domicile by satisfying both of the following criteria: (i) residing for some period of time in the Village of Newburgh Heights, but, in any full calendar year for not less than six (6) months and (ii) having the intent to reside in Newburgh Heights permanently or indefinitely. Verification of domicile to be determined by proof of annual local income tax return filings (R.I.T.A.) and evidence of a Newburgh Heights voting record if applicable, and/or any other means established by law.
(c) "Student loan" means a loan taken to pay for educational expenses of an accredited four-year college or university, including tuition, room and board, and other necessary expenses such as books and supplies.
(d) "Vesting date" means an anniversary of either ten (10) years or fifteen (15) years, as applicable, from the date of a Student Loan Assistance Grant Program award approval, through which date the Eligible Person has continuously satisfied the eligibility criteria and thereby becomes entitled to the distribution of grant funds.
(Ord. 2020-24. Passed 5-5-20.)
CODIFIED ORDINANCES OF NEWBURGH HEIGHTS