(1) The term Foundation means the Barry Goldwater Scholarship and Excellence in Education Foundation established under section 4703 (a) of this title.

(2) The term Board means the Board of Trustees of the Barry Goldwater Scholarship and Excellence in Education Foundation established under section 4703 (b) of this title.

(3) The term fund means the Barry Goldwater Scholarship and Excellence in Education Fund provided for under section 4707 of this title.

(4) The term institution of higher education means any such institution as defined in section 1001 of this title.

(5) The term State means each of the several States, the District of Columbia, the Commonwealth of Puerto Rico, and, considered as a single entity, Guam, the Virgin Islands, American Samoa, the Trust Territories of the Pacific Islands, and the Commonwealth of the Northern Marianas.

(6) The term eligible person means a citizen or national of the United States or a permanent resident alien of the United States.