Section 14.42.990 - DefinitionsIn this chapter, unless the context requires otherwise,
(1) "board" means the board of directors of the corporation;(2) "commission" means the Alaska Commission on Postsecondary Education created in AS 14.42.015;(3) "corporation" means the Alaska Student Loan Corporation created in AS 14.42.100;(4) "education loan" means a loan that is eligible for financing or is financed from the education loan fund established in AS 14.42.210;(5) "eligible student" means an individual who meets the eligibility requirements established by the federal guaranteed student loan program or as otherwise set out in this chapter;(6) "federal guaranteed student loan program" means the programs of the United States government that make postsecondary educational financial aid available under 20 U.S.C. 1070 - 1099c-2, as amended;(7) "repayment obligation" means an obligation to repay financial support that is financed from the education loan fund established in AS 14.42.210 or otherwise administered by the commission.