(a) For the benefit of a borrower or endorser, the commission may grant, in accordance with 34 C.F.R. 682.211, a forbearance of payments of principal or interest on an AlaskAdvantage loan.
(b) The commission will grant mandatory forbearances in accordance with 34 C.F.R. 682.211(h) and (i).
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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