Miss. Code Ann. § 37-29-303: Miss. Code Ann. § 37-29-303

As used in Sections 37-29-301 through 37-29-305 , the following terms shall be defined as provided in this section:

(a) “ Full-time equivalent (FTE) enrollment ” means the process by which the Southern Regional Education Board (SREB) calculates FTE by taking total undergraduate semester credit hours divided by thirty (30); total undergraduate quarter hours divided by forty-five (45); total graduate semester credit hours divided by twenty-four (24); and total graduate quarter hours divided by thirty-six (36).

(b) “ State funds ” means all funds appropriated by the Legislature including funds from the State General Fund, Education Enhancement Fund, Budget Contingency Fund and Health Care Expendable Fund.

(c) “ E & G operations ” means education and general expenses of the colleges and universities.

(d) “ Net enrollment ” has the same meaning as ascribed to that term under Section 37-151-201 .