20 AAC 15.115 - Applicant eligibility
(a) Except as provided in (b) and (c) of this
section, to be considered for an AlaskAdvantage loan, an applicant must satisfy
the eligibility criteria specified in
AS
14.43.162 and 34 C.F.R. 668 and
682.
(b) For purposes of the parent
PLUS loan, the requirements of
AS
14.43.162(a)(1), (b), and
(c) apply to the undergraduate student for
whom the loan is borrowed or the parent PLUS borrower.
(c) For purposes of the parent PLUS loan, the
requirements of
AS
14.43.162(a)(2) apply to the
undergraduate student for whom the loan is borrowed.
(d) For purposes of the student PLUS loan,
the requirements of
AS
14.43.162 apply to the graduate or
professional student.
Notes
As of Register 172 (January 2005), and acting under AS 44.62.125(b)(6) and sec. 34, ch. 63, SLA 2004, the regulations attorney made technical changes to reflect the name change of the Alaska advantage loan program to the AlaskAdvantage loan program made by secs. 10, 13, and 28, ch. 63, SLA 2004.
Authority:AS 14.42.030
AS 14.43.162
AS 14.43.163
AS 14.43.164
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