20 AAC 15.620 - Applicant priority
(a) In selecting from among the eligible
applicants those who will be awarded a memorial education loan, priority will
be given to those who
(1) received a loan
under this program during the previous academic year and are ranked by highest
to lowest grade level; or
(2) are
nominated by a private donor contributing to the memorial education loan
account.
(b)
Distribution of loan money among applicants who meet the criteria under (a) of
this section will be based on a ranking by the commission of career goals,
fisheries and seafood business references, and financial need.
Notes
As of Register 160 (January 2002), the regulations attorney made a technical revision under AS 44.62.125(b)(6), and in accordance with ch. 85, sec. 45, SLA 2001, to change "scholarship loan" to "education loan" in 20 AAC 15.620.
Authority:AS 14.43.310
AS 14.43.320
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