For purposes of sections 81-1210.01 to 81-1210.03:
(1) Department means the Department of Economic Development;
(2) Internship means employment of a student in a professional or technical position for a limited period of time, by a business in Nebraska, in which the student (a) gains valuable work experience, (b) increases knowledge that assists with career decisionmaking, and (c) assists the business in accelerating short-term business objectives; and
(3) Student means any person who:
(a) Is in eleventh or twelfth grade in a public or private high school or a school which elects pursuant to section 79-1601 not to meet accreditation or approval requirements in Nebraska;
(b) Is enrolled full-time in a college, university, or other institution of higher education; or
(c) Applies for an internship within six months following graduation from a college, university, or other institution of higher education.