§ 17:3091 Louisiana Student Tuition Assistance and Revenue Trust Program; creation; purpose; legislative intent
§ 17:3092 As used in this Chapter, the following terms have the following meanings unless the context clearly indicates otherwise:
§ 17:3093 A. There is hereby created the Louisiana Tuition Trust Authority, which, under the authority of the Board of Regents, shall have the powers enumerated in this Chapter.
§ 17:3094 Cooperation of state agencies
§ 17:3095 A.(1)(a) The Louisiana Tuition Trust Authority may enter into an account owner’s agreement with any person who qualifies under R.S. 17:3096(A) for the creation of an education saving
§ 17:3096 Education savings accounts; creation, terms, and conditions
§ 17:3098 Termination of depositor’s agreements; refund; conversion of the account to money
§ 17:3099 Louisiana Education and Tuition Savings Fund; use
§ 17:3099.1 Annual financial report; audits
§ 17:3099.2 Effectiveness

Terms Used In Louisiana Revised Statutes > Title 17 > Chapter 22-A - Louisiana Student Tuition Assistance and Revenue Trust Program

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Beneficiary: means a person designated in an education savings account owner's agreement, or by the authority when authorized by an account owner meeting the classification requirements of La. See Louisiana Revised Statutes 17:3092
  • Earnings enhancement: is a payment credited to an education savings account, on behalf of the beneficiary of the account, to help offset the beneficiary's qualified higher education expenses at a college or university. See Louisiana Revised Statutes 17:3092
  • Education savings account: is a savings account established by an individual, a group of individuals, or an organization pursuant to the program created by this Chapter for a beneficiary. See Louisiana Revised Statutes 17:3092
  • Fixed earnings: means the placement of all the deposits in an education savings account and the interest earned thereon in investments with fixed earnings. See Louisiana Revised Statutes 17:3092
  • Institution of postsecondary education: means a state college, university, or technical college or institute or an independent college or university located in this state that is approved by the United States Secretary of Education; a public or independent college or a university located outside this state that is approved by the United States Secretary of Education; a proprietary school licensed pursuant to Chapter 24-A of this Title; or a proprietary school located outside this state that is licensed by an out-of-state public postsecondary education board, accredited by a recognized national or regional accrediting body, and eligible to participate in a program under Title IV of the Higher Education Act of 1965, as amended. See Louisiana Revised Statutes 17:3092
  • Member of the family: means , with respect to any designated beneficiary:

                (a) The spouse of such beneficiary. See Louisiana Revised Statutes 17:3092

  • Preliminary hearing: A hearing where the judge decides whether there is enough evidence to make the defendant have a trial.
  • Redemption value: means the cash value of the education savings account attributable to the sum of the principal invested, the interest earned on principal and authorized to be credited to the account by the authority, any earnings enhancements appropriated by the legislature and authorized by the authority to be credited to the account and the interest earned on earnings enhancements, less any earnings enhancements or interest thereon restricted from expenditure, and any fees due and imposed by rule of the authority. See Louisiana Revised Statutes 17:3092
  • Subpoena: A command to a witness to appear and give testimony.
  • Trade date: means the date that a deposit to an investment option that includes variable earnings is assigned a value in units, the date a disbursement or refund from an investment option that includes variable earnings is assigned a value, or the date a change in investment options that includes variable earnings is assigned a value, whichever is applicable. See Louisiana Revised Statutes 17:3092
  • Tuition: means the mandatory educational charges imposed by an institution of postsecondary education and all fees required as a condition of enrollment, as delineated by the Louisiana Tuition Trust Authority. See Louisiana Revised Statutes 17:3092
  • Variable earnings: means that portion of funds in an education savings account invested in equities. See Louisiana Revised Statutes 17:3092
  • Variable Earnings Transaction Fund: means the subaccount established by the state treasurer within the Louisiana Education Tuition and Savings Fund to receive earnings funds as described in La. See Louisiana Revised Statutes 17:3092