3318:1-8-01. Eligibility requirements

In order to be eligible to participate in the college-preparatory boarding school facilities program, an entity must meet the following requirements:

(A) Be a governing board of trustees organized pursuant to section 3328.15 of the Revised Code;

(B) Have secured at least twenty million dollars of private funds to satisfy its share of facilities acquisition; and

(C) Have secured funding for the acquisition of residential facilities and any other facilities other than classroom facilities through private means.

Five Year Review (FYR) Dates: 11/3/2017 and 11/03/2022
Promulgated Under: 111.15
Statutory Authority: 3318.60
Rule Amplifies: 3318.60
Prior Effective Dates: 12/26/2011

Prior History: (Effective: 12/26/2011
R.C. 119.032 review dates: 12/26/2016
Promulgated Under: 111.15
Statutory Authority: 3318.60
Rule Amplifies: 3318.60)