Alaska § 14.43.165 - Interest.
Full text of Alaska Alaska Statutes § 14.43.165 — Interest., with citation guidance and answers to common questions.
§ 14.43.165. Interest.
(a) The corporation shall set the rate of interest on a loan made under AS 14.43.161 — 14.43.168 in accordance with federal and state law. Interest on a loan made under AS 14.43 .l61 — 14.43.168 may not exceed the rate specified by the applicable provisions of the federal guaranteed student loan program. Interest on a loan made under AS 14.43.161 — 14.43.168 accrues from the time that the loan is disbursed.
(b) A borrower may elect to make payments of interest that is payable during the borrower's term of attendance at the postsecondary institution or during certain deferment periods authorized by the commission; however, the commission shall capitalize any unpaid interest as part of the principal to be repaid as agreed, or upon graduation, withdrawal, or completion of the deferment period.
(c) Notwithstanding the provisions of (b) of this section, if a borrower qualifies for a subsidized loan under the federal guaranteed student loan program, the interest on the loan is paid by the federal government during the borrower's term of attendance and any qualifying deferment and grace periods authorized under the loan.
Frequently Asked Questions About Alaska § 14.43.165
What does Alaska Statutes § 14.43.165 cover?
Section 14.43.165 ("Interest.") 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 § 14.43.165?
A common citation format is "Alaska Statutes § 14.43.165" (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 § 14.43.165 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.