(a) "State financial assistance" means any funds or other form of financial aid appropriated or authorized pursuant to state law, or pursuant to federal law administered by any state agency, for the purpose of providing assistance to any educational institution for its own benefit or for the benefit of any pupils admitted to the educational institution.
(b) State financial assistance shall include, but not be limited to, all of the following:
(1) Grants of state property, or any interest therein.
(2) Provision of the services of state personnel.
(3) Funds provided by contract, tax rebate, appropriation, allocation, or formula.
(Amended by Stats. 1998, Ch. 914, Sec. 14.)