Section 42.42. Financial stability

Latest version.

(a) Financial stability shall be determined by the comparison of current fund expenditure accounts of the institution against current fund revenue accounts over the 5-year period prior to the request for a graduate program.
(b) There shall be a 3-year projection of anticipated income and expenditures. This projection shall demonstrate the ability of the institution to support a graduate program.

Notation

Cross References

This section cited in 22 Pa. Code § 42.32 (relating to approval process).

                    
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