(a) A borrower, but not an endorser, may defer payments of principal on an AlaskAdvantage loan after the beginning of the repayment period in accordance with the conditions set out in 20 U.S.C. 1077 and 34 C.F.R. 682.210.
(b) In order to receive a deferment the borrower must request the deferment and submit any documentation required by 34 C.F.R. 682.210 to the commission for approval.
Authorities
14.42.030;14.43.166;44.62.125
Notes
Authority
AS 14.42.030AS 14.43.166
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 8/19/2009, Register 191
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