SB 601

Amends the definition of “eligible private postsecondary institution” in GS 116-280(3), as it applies to need‑based scholarships for students attending private institutions of higher education, to add another type of institution in a1., a postsecondary institution with a permanent campus in the state that isn’t owned or operated by the state or a subdivision of the state, and that is accredited by the Southern Association of Colleges and Schools Commission on Colleges and awards a postsecondary degree. Adds new subdivision (4a) in that statute to define “permanent campus” as a campus owned by the eligible private postsecondary institution that provides permanent classrooms with full-time faculty members.