Section 20-25-5 - Amount of loan(a) The board and its authorized designees shall determine the amount of the loan based on financial need and proof of acceptance into a state-approved teacher education program at the university. The maximum amount of loans that a student may receive under this program shall be an aggregate amount equivalent to tuition payments and costs of textbooks and other instructional materials necessary to complete a state-approved teacher education program.(b) The university may report the amount of the loan and the installment payments to at least one national credit bureau, along with other relevant information. [Eff. OCT 12 2002] (Auth: HRS § 304-20.6)[Am and Comp 9/8/2017] (Auth: HRS § 304A-701) (Imp: HRS § 304A-701)