Alaska § 14.42.210 - Education loan fund and program administration.
Full text of Alaska Alaska Statutes § 14.42.210 — Education loan fund and program administration., with citation guidance and answers to common questions.
§ 14.42.210. Education loan fund and program administration.
(a) The education loan fund is established in the corporation. The education loan fund is a trust fund to be used to carry out the purposes of AS 14.42.100 — 14.42.990, AS 14.43.091 — 14.43.175, 14.43.600 — 14.43.700, 14.43.710 — 14.43.750, 14.43.990, and AS 14.44.025 . The fund consists of money or assets appropriated or transferred to the corporation for the fund and money or assets deposited in it by the corporation. The corporation may establish separate accounts in the fund.
(b) Money and other assets of the education loan fund may be used to (1) secure bonds of the corporation;
(2) pay the costs of administration of the fund;
(3) invest in education loans and investments under AS 37.10.071 ;
(4) finance programs approved under AS 14.43.091 — 14.43.175, 14.43.600 — 14.43.700, 14.43.710 — 14.43.750, or AS 14.44.040 ; and
(5) pay the costs of administering and collecting the loans and repayment obligations under the financial aid programs listed in (4) of this subsection.
(c) The financial aid programs listed in (b)(4) of this section shall be administered by the commission. The corporation and the commission may enter into agreements relating to the administration of the programs. The corporation may assign its rights under the agreements for the benefit and security of holders of its bonds.
(d) The corporation may provide for terms and conditions for use of the education loan fund that are more favorable than prevailing terms and conditions available to students from other education lenders.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 14.42.210
What does Alaska Statutes § 14.42.210 cover?
Section 14.42.210 ("Education loan fund and program administration.") 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 § 14.42.210?
A common citation format is "Alaska Statutes § 14.42.210" (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 § 14.42.210 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.