Section 20 AAC 15.115 - Applicant eligibility(a) Except as provided in (b) and (c) of this section, to be considered for an AlaskAdvantage loan, an applicant must satisfy the eligibility criteria specified in AS 14.43.162 and 34 C.F.R. 668 and 682.(b) For purposes of the parent PLUS loan, the requirements of AS 14.43.162(a)(1), (b), and (c) apply to the undergraduate student for whom the loan is borrowed or the parent PLUS borrower.(c) For purposes of the parent PLUS loan, the requirements of AS 14.43.162(a)(2) apply to the undergraduate student for whom the loan is borrowed.(d) For purposes of the student PLUS loan, the requirements of AS 14.43.162 apply to the graduate or professional student.Eff. 7/1/2002, Register 162; am 1/30/2003, Register 165; am 6/7/2007, Register 182As 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 14.43.162
AS 14.43.163
AS 14.43.164