Code of Massachusetts Regulations
610 CMR - BOARD OF HIGHER EDUCATION
Title 610 CMR 13.00 - Financial Assessment and Risk Monitoring of Institutions of Higher Education
Section 13.02 - Definitions
As used in 610 CMR 13.00:
Accrediting Agency. A regional or national entity that grants formal recognition or acceptance of an institution or of programs or portions of the institution and is recognized by the U.S. Department of Education as a reliable authority concerning the quality of education or training offered by the institutions of higher education or higher education programs it accredits.
Board of Higher Education (Board). The agency established pursuant to the provisions of M.G.L. c. 15A, § 4.
Commissioner of Higher Education (Commissioner). The chief executive and administrative officer of the Department and the Board, pursuant to M.G.L. c. 15A, § 6.
Department of Higher Education (Department). The agency established pursuant to M.G.L. c. 15A, § 6.
Independent Higher Education Institution (Institution). An independent institution of higher education located in the Commonwealth and authorized to grant degrees pursuant to any general or special law.
Risk of Imminent Closure. A determination made by the Commissioner, based on an assessment of an Institution's financial resources, that the Institution is at risk of being unable to continue operations or substantially fulfill its obligations to enrolled and admitted students for the balance of the current and subsequent academic year, using December 1st as the annual threshold measurement date.
Student Records. Information and documents relating to a student's academic career and the institution's academic offerings including, but not limited to, transcripts for students who are currently attending the institution or have attended the institution; graduation lists or other comparable academic documentation for students who have graduated from the institution; and college catalogs.
Trustee. A voting member of the governing body of a college or university.