(a) “Institution of higher education” has the meaning assigned by the Division of Higher Education.
(b) “Statement of selective service status” means a statement certifying that:
(1) The individual filing the statement is registered with the selective service system in accordance with the Military Selective Service Act, 50 U.S.C. Appx. § 451 et seq.; or
(2) The individual filing the statement is not required to register with the selective service system because the individual is:
(A) Under eighteen (18) years of age;
(B) In the United States Armed Forces on active duty, other than in a reserve or national guard unit;
(C) Neither a United States citizen nor a resident alien;
(D) A permanent resident of the trust territory of the Pacific Islands or the Northern Mariana Islands; or
(E) Excused from registration for some other reason provided by federal law and that reason is included in the filed statement.
(c) A male under twenty-six (26) years of age is not eligible to receive any loan, grant, scholarship, or other financial assistance for educational expenses that is partially or fully funded by the state or a state agency unless the individual has filed a statement of selective service status with the institution in which the individual plans to enroll.
(d) The division shall specify by rule the form of statements of selective service status and the supporting documents to be filed to be in compliance with this section. The division shall distribute to each institution of higher education a copy of all rules adopted under this section.