Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
030 - BUREAU OF CONSUMER CREDIT PROTECTION
Chapter 245 - STUDENT LOAN DISCLOSURES
Section 030-245-II - PURPOSE

Current through 2024-38, September 18, 2024

This rule establishes disclosure and procedural requirements regarding the terms and conditions for student loan products offered by lenders and issuers resulting from an allocation of the State ceiling. Its purpose is to ensure that student loan borrowers are provided with complete disclosures so that they may make informed choices among the various products available.

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