Or. Admin. Code § 575-050-0042 - Interest for Undergraduate Nursing Student Borrowers
(1) Borrowers shall pay such rate of interest
as is negotiated between the Division of State Lands and the Higher Education
Coordinating Commission , but in no event shall such rate of interest be less
than seven percent.
(2) Annual
interest shall be paid by the nursing student borrower within 30 days from the
date interest is due and payable.
Notes
Stat. Auth.: ORS 348
Stats. Implemented: ORS 348.040 - 348.095
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