Code of Maine Rules
94 - INDEPENDENT AGENCIES
457 - FINANCE AUTHORITY OF MAINE (FAME)
Chapter 615 - HIGHER EDUCATION LOAN PURCHASE PROGRAM
- Section 457-615-I - Definitions
- Section 457-615-II - Forward purchase contracts with eligible lenders
- Section 457-615-III - Loan Origination
- Section 457-615-IV - Borrower Benefits
- Section 457-615-V - Bond Terms
- Section 457-615-VI - Program Branding
- Section 457-615-VII - Confidentiality of Borrower Information
- Section 457-615-VIII
Current through 2024-13, March 27, 2024
Summary: This rule implements the Higher Education Loan Purchase Program whereby the authority may originate or purchase federally guaranteed student loans from eligible lenders that have entered into a contract with the Authority to provide specified borrower benefits to borrowers.
STATUTORY AUTHORITY: 20-A M.R.S.A. §11493(3)
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