Pennsylvania Code
Title 22 - EDUCATION
Part VIII - Higher Education Assistance Agency
Chapter 121 - STUDENT FINANCIAL AID
Subchapter C - FEDERAL STAFFORD LOAN PROGRAMS
Section 121.64 - Loan insurance premium
Universal Citation: 22 PA Code ยง 121.64
Current through Register Vol. 54, No. 44, November 2, 2024
A student borrower shall, at the option of the Agency, pay to the lender, at the time the student borrower obtains the loan, a loan insurance premium calculated as a percentage of the loan guaranty amount. The percentage used may not exceed the rate mandated by Federal law and regulations.
The provisions of this §121.64 amended under section 4 of the act of August 7, 1963 (P. L. 549, No. 290) (24 P. S. § 5104).
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