Alaska § 14.42.205 - Supplemental education loans: financing program.
Full text of Alaska Alaska Statutes § 14.42.205 — Supplemental education loans: financing program., with citation guidance and answers to common questions.
§ 14.42.205. Supplemental education loans: financing program.
(a) The purpose of this section is to provide for supplemental education loan financing to assist qualified borrowers with unmet costs of attendance at a postsecondary institution approved by the commission.
(b) The corporation may develop and establish a financing program for the Alaska supplemental education loan administered by the commission under AS 14.43.170 — 14.43.175.
(c) The financing program established under (b) of this section (1) shall (A) provide that loans under the Alaska supplemental education loan program are medium-range and long-range fixed-rate and variable-rate loans;
(B) require terms and conditions for loans under the Alaska supplemental education loan program as the corporation determines are useful and feasible;
(C) be designed to (i) assist postsecondary institutions in this state in attracting and retaining students;
(ii) maximize the amount of financing available by using private activity tax-exempt bond capacity as may be allocated by the state; and
(2) except as limited by (1)(B) of this subsection, may provide for terms and conditions that are more attractive than prevailing terms and conditions available to students from other supplemental education lenders.
Frequently Asked Questions About Alaska § 14.42.205
What does Alaska Statutes § 14.42.205 cover?
Section 14.42.205 ("Supplemental education loans: financing program.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 14.42.205?
A common citation format is "Alaska Statutes § 14.42.205" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 14.42.205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.