N.Y. Comp. Codes R. & Regs. tit. 8 § 2101.4

Current through Register Vol. 46, No. 53, December 31, 2024
Section 2101.4 - Repayment of loans when a school closes

Where the default of an educational loan or loans guaranteed by the corporation has been caused, in the judgment of the corporation, by the termination of a school during a term in which a student was enrolled, collection activities may be discontinued without penalty to the borrower.

N.Y. Comp. Codes R. & Regs. Tit. 8 § 2101.4