Eligible Educational Institution Law and Legal Definition
According to 26 CFR 1.25A-2 [Title 26 Internal Revenue; Chapter I Internal Revenue Service, Department of the Treasury; Subchapter A Income Tax], an eligible educational institution means “a college, university, vocational school, or other postsecondary educational institution that is
(1)Described in section 481 of the Higher Education Act of 1965 as in effect on August 5, 1997 (generally all accredited public, nonprofit, and proprietary postsecondary institutions); and
(2)Participating in a Federal financial aid program under title IV of the Higher Education Act of 1965 or is certified by the Department of Education as eligible to participate in such a program but chooses not to participate.
Legal Definition list
- Eligible Depository Institution
- Eligible Contract Participant
- Eligible Commercial Entity
- Eligible Cellulosic Biofuels Production Facility
- Eligible Book-Entry Sallie Mae Security
- Eligible Educational Institution
- Eligible Employee
- Eligible Energy Program
- Eligible Entity
- Eligible Expenses (Health Care)
- Eligible Export Vessel
Related Legal Terms
- 1862 Institution
- 1890 Institution
- 1994 Institution
- Academic Institution
- Accredited Educational Institution
- Adult Care Institution
- Adult Correctional Institution [Education]
- American Educational Research Association [AERA]
- Asian American and Native American Pacific Islander-Serving Institution
- Assisted Institutions
