New York Codes, Rules and Regulations
Title 8 - EDUCATION DEPARTMENT
Chapter XX - Higher Education Services Corporation
Subchapter B - Federal Family Education Loan Program
Part 2103 - Lender Of Last Resort Program
Section 2103.1 - Purpose
Universal Citation: 8 NY Comp Codes Rules and Regs ยง 2103.1
Current through Register Vol. 46, No. 39, September 25, 2024
The purpose of this Part is to establish, as required by Federal law, a Lender of Last Resort (LLR) program meeting Federal requirements and making Federal Stafford Loans (both subsidized and unsubsidized) available to eligible students who would otherwise be unable to obtain such loans.
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