Section 20.15.115. 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.  

Authorities

14.42.030;14.43.162;14.43.163;14.43.164;44.62.125

Notes

Authority

AS 14.42.030 AS 14.43.162 AS 14.43.163 AS 14.43.164 Editor's note: 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.

History

Eff. 7/1/2002, Register 162; am 1/30/2003, Register 165; am 6/7/2007, Register 182