Alaska § 14.43.162 - Eligibility.
Full text of Alaska Alaska Statutes § 14.43.162 — Eligibility., with citation guidance and answers to common questions.
§ 14.43.162. Eligibility.
(a) For a borrower to be eligible for a loan under AS 14.43.161 — 14.43.168, the borrower must meet the eligibility requirements established by the federal guaranteed student loan program and must be (1) a resident of the state as determined under (b) of this section; or
(2) physically present in this state and attending an institution that is physically located in this state.
(b) To meet the residency requirement of (a) of this section, the borrower (1) must physically reside in this state and maintain a domicile in this state during the 12 consecutive months before the date of application for the program, except that the borrower may be absent from this state for not more than a total of 60 days during that 12-month period; and
(2) may not have (A) declared or established residency in another state; or
(B) received residency or a benefit based on residency from another state.
(c) To continue to meet the residency requirement of (a) of this section for each year that a loan is received or subsequently applied for, the borrower must meet the requirements of (b) of this section, except for (1) full-time attendance at an educational or training institution;
(2) military service; or
(3) demonstrated good cause as determined by the commission.
Frequently Asked Questions About Alaska § 14.43.162
What does Alaska Statutes § 14.43.162 cover?
Section 14.43.162 ("Eligibility.") 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 § 14.43.162?
A common citation format is "Alaska Statutes § 14.43.162" (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 § 14.43.162 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.