Mich. Admin. Code R. 390.1422
Current through Vol. 24-22, December 15, 2024
Rule 22. A person who otherwise qualifies for an educational loan is not disqualified because the person is under age 18. A person who is under age 18 is deemed to have full legal capacity to apply for, receive, and repay a loan and has all the rights, powers, privileges, and obligations of a person who is 18 years of age or older.
Mich. Admin. Code R. 390.1422