Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 20. Miscellaneous Boards and Commissions. |
Chapter 20.15. Student Financial Aid. |
Article 20.15.1. Education Loans. |
Section 20.15.775. Loan audit and institutional sanctions.
Latest version.
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An institution that participates in the ASELP is subject to periodic audits for purposes of determining verification of student loan eligibility, management of student loan documents, compliance with the program participation agreement, if any, and compliance with state statutes and regulations. Those audits will be performed under 20 AAC 15.924.