Examples of SARA in a sentence
States apply for SARA membership using a uniform XXXX application process through which a state will be required to demonstrate to its Regional Compact that it meets the standards established for participation in the interstate reciprocity agreement.
A member state may be removed from SARA membership by its Regional Compact if it ceases to abide by the requirements of XXXX.
Print name:_____________________ Signature: ______________________ Date: __________________ APPENDIX B SURETY BONDS In an effort to protect Arkansas students from financial hardship and loss due to the unexpected closure of an institution, Arkansas postsecondary non-public institutions in SARA will maintain a surety bond during operations in Arkansas unless the institution maintains a minimum financial responsibility composite score of 1.5 determined by the U.S. Department of Education.
For purposes of participation in SARA, this standard applies, but it does not affect the application of existing state laws to colleges that choose to operate outside of XXXX or which are based in states that are not XXXX members.
A board responsible for only one accredited institution, or which lacks enforcement authority over an institution, cannot serve as the SARA external oversight agency for such an institution.