Kan. Admin. Regs. § 110-22-6 - Repayment of outstanding student loan balance
(a) Each participating county shall transmit
funds to the department for repayment of the student loan within 30 calendar
days after the end of each calendar year. Each participating county and each
eligible participant shall be notified by the department of receipt of the
funds.
(b) The following shall be
performed by the department:
(1) Transmission
of the state funds and participating county funds to the lending institution
for repayment of each eligible participant's student loan;
(2) payment to the lending institution of the
student loan repayment funds, which shall be within 30 calendar days of receipt
of funds from the participating county; and
(3) notification to each participating county
and eligible participant of the transmitted student loan payment.
(c) Repayment of student loan
funds may be made directly to the eligible participant if both of the following
conditions are met:
(1) The student loan has
been paid in full during the preceding 12 months.
(2) The eligible participant has no other
student loan debt.
Notes
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