Alaska Administrative Code
Title 20 - Miscellaneous Boards and Commissions
Chapter 15 - Student Financial Aid
Article 7 - Family Education Loan Program
20 AAC 15.537 - Annual and aggregate loan limits

Universal Citation: 20 AK Admin Code 20 AAC 15.537

Current through November 28, 2024

(a) Borrowing under the Alaska family education loan program is subject to annual and aggregate limits under AS 14.43.173(a) and (b).

(b) A borrower who receives loans under the Alaska family education loan program and has borrowed up to the aggregate limit under 14.43.173(b) may receive additional loans if the current total principal loan balance owed by the borrower, including the new loan amount, does not exceed the aggregate limit.

Authority: AS 14.42.030

AS 14.43.173

AS 14.43.740

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