20 AAC 15.093 - Loan servicing and repayment
(a) Federal
consolidation loans will be serviced in accordance with
34 C.F.R.
682.208.
(b) Repayment begins no later than 60 days
from the date the federal consolidation loan is disbursed and must be repaid in
accordance with 34 C.F.R.
682.209.
(c) The minimum monthly payment on a federal
consolidation loan is $50, unless the borrower and the commission staff agree
to an alternate repayment amount.
Notes
Authority:AS 14.43.030
AS 14.43.167
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