The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise:
"Approved graduate degree program" means a master's degree in nursing (MSN), a doctor of nursing science degree (DNS), a doctor of nursing practice degree (DNP), or a doctor of philosophy degree (PhD) in nursing or another related field of study, including, but not limited to, health, public health, science or social science.
"Authority" means the Higher Education Student Assistance Authority established pursuant to N.J.S.A. 18A:71A-3.
"Eligible institution" means a school of nursing that is nationally accredited and licensed by the New Jersey Board of Nursing or a nursing program at an Office of the Secretary of Higher Education licensed institution of higher education that is nationally accredited and licensed by the New Jersey Board of Nursing.
"Eligible student loan expenses" means the cumulative total of the annual State of New Jersey and Federal student loans covering the cost of attendance at an approved graduate degree program. Interest due on student loans that an applicant has taken out for use in paying the costs of such education shall be considered eligible for reimbursement under the program.
"Executive Director" means the Executive Director of the Authority or his or her designee.
"Full-time faculty employment" means employment with a teaching load of 24 or more academic credits over the course of an academic year.
"Legal and Governmental Affairs" means the Legal and Governmental Affairs office, or its successor office, located within the Authority.
"Part-time faculty employment" means employment with a minimum teaching load of three credits over the course of an academic year.
"Participant" means a person who completed an approved graduate degree program at an accredited public or independent institution of higher education and who applies for, and is accepted into, the program.
"Program" or "NFLRP" means the Nursing Faculty Loan Redemption Program established pursuant to P.L. 2009, c. 236.
"Student Loan Office" means the Student Loan Office, or its successor office, located within the Authority.
N.J. Admin. Code § 9A:10-4.2