6. Definitions

All approvals and evaluations and hearings of appeals will be finally determined by the Board, whose decision will be final.

Approved Individual: An Approved Individual is one that comes from an Approved Country and whose family nd/or personal financial situation is such to prevent them from undergoing the graduate studies of their choice in an Approved Academic Institution of their choice.

Approved Country: An Approved Country will be selected by using the appropriate definition for underdeveloped countries of the International Bank for Reconstruction and Development (the World Bank).

Approved Democratic Country: An Approved Democratic Country is one which is democratic and with an open economic system.

Approved Course: An Approved Course is given by an Approved Education Institution located in in an Approved Democratic Country. Choice will not discriminate against any particular subject matter which is Approved, since the benefit for the student of being exposed to a democratic and free market environment at an important time in their lives, while gaining a higher education, is valid regardless of the subject matter chosen.

Approved Education Institution: An Approved Education Institution is one which has the minimum required academic standards and based in an Approved Democratic Country.

Approved Affiliate: An Approved Affiliate is a local educcation school or program chosen as a source of Approved Individuals and/or as a beneficiary of the Education Foundation resources under the local education program.

Approved Partner: An Approved Partner is a company or organisation which wishes to participate and/or partner in any of the programs of or wants to further the goals of the Education Foundation and which, through any such connection, does not bring the Education Foundation into disrepute.