20 AAC 18.030 - Application procedure
(a) A resident who plans to attend, or who
has currently enrolled in, a participating school as a full-time student in an
eligible degree program must submit an application for certification to the
commission between July 1 and October 15 of the year preceding the year in
which the student intends to enter the professional school. An application is
timely filed if it is postmarked between July 1 and October 15 and contains all
the information required to make a determination of the applicant's eligibility
and the amount of the loan award.
(b) The commission will not accept an
application before July 1 of the year preceding the proposed entrance
date.
(c) The commission will give
alternate status to an application received after October 15 of the year
preceding the proposed entrance date.
(d) The commission may require an applicant's
signature to be notarized before submission of an application for
certification. The borrower, and the cosigner if required under
20 AAC 18.025(d),
must sign a promissory note for the loan award. Unless a cosigner's signature
is authenticated through an electronic application and signature process
approved by the commission, the commission may require the cosigner's signature
to be notarized before submission. Liability for the loan is limited to the
amount of support fees disbursed on behalf of the student and applicable
interest.
(e) An applicant must
apply directly to a participating school for admission.
(f) An applicant must send to the commission
a copy of all offers of admission received from participating schools. An
applicant's eligibility for certification terminates unless the applicant
advises the commission of the applicant's intention to attend a participating
school by June 15 of the year in which the program of study begins.
(g) An applicant who is accepted for
enrollment must consent to the transfer of student records, enrollment
information, and support fees among the state, WICHE, and the school of
attendance. The commission will provide a form to the applicant for this
purpose.
(h) Repealed
11/8/2000.
(i) A continuing PSE
student is not required to reapply for certification each year, and will be
presumed to be continuing for the regular degree program duration unless the
student otherwise notifies commission staff.
(j) A PSE student who leaves school for more
than one academic year before completing a program must reapply for
certification. Recertification is not required for a leave of absence approved
by the school for up to one year. However, repayment on the PSE loan must begin
six months after the leave of absence begins, as required under
20 AAC 18.100(e)
for borrowers who are no longer enrolled in a program. The commission will
resume paying support fees when the PSE student returns as a continuing student
in good standing the following term.
(k) An incomplete application shall be
returned to the applicant with a request for additional information, unless the
additional information is obtainable telephonically or electronically. Further
action may not be taken on an incomplete application until it is resubmitted.
The commission staff may require an applicant to furnish additional information
and documents to verify statements on the application. The commission staff
shall perform a credit history check on a loan applicant and a cosigner, if
applicable.
(l) An applicant shall
notify the commission staff immediately of a change in the institution to be
attended, the dates of attendance, the program of study, or attendance status
from that stated on the original application.
Notes
Authority: AS 14.44.035
AS 14.44.040
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