Or. Admin. Code § 441-895-0045

Current through Register Vol. 63, No. 10, October 1, 2024

Section 441-895-0045 - Fees Payable to the Director

In addition to any fees required to participate in the NMLS, a student loan servicer shall pay to the director the following fees at the time of application or renewal:

(1) A nonrefundable application fee for a student loan servicer license of $1,000 plus a $500 nonrefundable application fee for each branch the student loan servicer establishes in Oregon.

(2) The fee for late renewals is $500. The director may waive this if there is good cause and the late renewal was outside the licensee's control.

(3) Application and renewal fees are in addition to annual assessments under OAR 441-895-0050.

Or. Admin. Code § 441-895-0045

FSR 2-2022, adopt filed 06/27/2022, effective 7/1/2022

Statutory/Other Authority: Or Laws 2021, ch 651, secs 1-10

Statutes/Other Implemented: Or Laws 2021, ch 651, secs 2-10