Vermont § 2876 - Definitions As used in this subchapter, except where the context clearly requires another interpretation:

§ 2876. Definitions As used in this subchapter, except where the context clearly requires another interpretation:

• (1) “Beneficiary” means any individual designated by a participation agreement to benefit
  from payments for qualified postsecondary education costs. (2) “Benefits” means the payment of qualified postsecondary education costs on behalf
  of a beneficiary from a participant’s investment plan account. (3) “Corporation” means Vermont Student Assistance Corporation. (4) “Internal Revenue Code” means the federal Internal Revenue Code of 1986, as amended,
  together with the regulations promulgated pursuant to that Code. (5) “Qualified postsecondary education costs” means the costs of tuition and fees for
  attendance at an approved postsecondary education institution, and other qualified
  higher education expenses as provided under 26 U.S.C. § 529. (6) “Approved postsecondary education institution” means a postsecondary education institution
  as defined in section 2822 of this title. (7) “Vermont Higher Education Investment Plan” or “Investment Plan” means one or more
  plans created pursuant to this subchapter. (8) “Participant” means a person who has entered into a participation agreement pursuant
  to this subchapter intended for the payment of qualified postsecondary education costs
  on behalf of a beneficiary. (9) “Participation agreement” means an agreement between a participant and the Corporation,
  pursuant to and conforming with the requirements of this subchapter. (Added 1997, No. 79 (Adj