20 Alaska Admin. Code § 15.150

Current through September 25, 2024

Section 20 AAC 15.150 - Loan servicing and repayment

(a) AlaskAdvantage loans will be serviced and must be repaid in accordance with 34 C.F.R. 682.208, 34 C.F.R. 682.209, and 34 C.F.R. 682.215.

(b) A minimum monthly payment amount must be at least $50, unless otherwise agreed to by the borrower and the commission.

20 AAC 15.150

Eff. 7/1/2002, Register 162; am 8/19/2009, Register 191

As 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 14.43.166