§54.2000. Terms and definitions. — Inbound Citations

(1) Only schools meeting the definition of “elementary school” or “secondary school”, as defined in § 54.2000, and not excluded under paragraph (a)(2) or (3) of this section, shall be eligible for discounts on supported services under this subpart.

(iv) The schools meet the definition of “elementary school” or “secondary school”, as defined in § 54.2000, do not operate as for-profit businesses, and do not have endowments exceeding $50,000,000.

(iv) The school meets the definition of “elementary school” or “secondary school”, as defined in § 54.2000, does not operate as a for-profit business, and does not have endowments exceeding $50,000,000.

(3) Billed entity is defined in § 54.2000. In the case of a consortium, the billed entity is the lead member of the consortium.