Section 15.67 - Higher educational aids board; creation(1) There is created a higher educational aids board consisting of the state superintendent of public instruction and the following members appointed for 3-year terms, except that the members specified under pars. (a) 5. and 6. and (b) 3. shall be appointed for 2-year terms: (a) To represent public institutions of higher education, all of the following: 1. One member of the board of regents of the University of Wisconsin System.2. One member of the technical college system board.3. One financial aids administrator within the University of Wisconsin System.4. One financial aids administrator within the technical college system.5. One undergraduate student enrolled at least half-time and in good academic standing at an institution within the University of Wisconsin System who is at least 18 years old and a resident of this state.6. One student enrolled at least half-time and in good academic standing at a technical college who is at least 18 years old and a resident of this state.(b) To represent private, nonprofit institutions of higher education, all of the following: 1. One member of a board of trustees of an independent college or university in this state.2. One financial aids administrator of a private nonprofit institution of higher education located in this state.3. One undergraduate student enrolled at least half-time and in good academic standing at a private, nonprofit institution of higher education located in this state who is at least 18 years old and a resident of this state.(c) One member to represent the general public.(2) If a student member under sub. (1) loses the status upon which the appointment was based, he or she shall cease to be a member of the higher educational aids board upon appointment to the higher educational aids board of a qualified successor.