Section 20.15.966. Loan forbearance and alternative repayment options.

Latest version.

	(a)  Under AS 14.43.120(g) the commission may provide a borrower with a loan forbearance or alternative repayment schedule to provide a short- or long-term rate of repayment relief. A borrower may not obtain a loan forbearance of a family education loan awarded under AS 14.43.710 - 14.43.750.  
	(b)  If a borrower and the commission agree to a period of loan forbearance or an alternative repayment schedule, the commission will disclose to the borrower in writing, the financial effect of costs of financing the loan.

Authorities

14.42.030;14.43.105;14.43.120;14.43.320;14.43.630;14.43.730

Notes

Reference

20 AAC 15.755

Authority
 AS 14.42.030  
AS 14.43.105  
AS 14.43.120  
AS 14.43.320  
AS 14.43.630  
AS 14.43.730  
History Eff. 3/1/2002, Register 161

                    
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