Alaska Administrative Code
Title 20 - Miscellaneous Boards and Commissions
Chapter 14 - Alaska Student Loan Corporation
Article 2 - Alaska Education Loan Refinancing Program
20 AAC 14.235 - Interest rates and fees
Universal Citation: 20 AK Admin Code 20 AAC 14.235
Current through February 27, 2024
(a) The corporation will set interest rates and fees for refinancing loans in accordance with the applicable provisions of 20 AAC 14.050.
(b) Interest begins to accrue from the date of loan origination.
(c) After origination, the commission staff may capitalize any outstanding interest, not paid when due, as part of the principal to be repaid as provided for in the promissory note.
Authority: AS 14.42.150
AS 14.42.200
AS 14.43.122
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