20 AAC 15.150 - Loan servicing and repayment
(a) AlaskAdvantage
loans will be serviced and must be repaid in accordance with
34 C.F.R.
682.208,
34 C.F.R.
682.209, and
34 C.F.R.
682.215.
(b) A minimum monthly payment amount must be
at least $50, unless otherwise agreed to by the borrower and the
commission.
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 14.43.166
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