20 Alaska Admin. Code § 15.160

Current through September 25, 2024

Section 20 AAC 15.160 - Loan forbearance

(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).

20 AAC 15.160

Eff. 7/1/2002, Register 162; am 8/19/2009, Register 191

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.

Authority:AS 14.42.030

AS 14.43.166