Alaska § 18.29.125 - Student loan repayment.
Full text of Alaska Alaska Statutes § 18.29.125 — Student loan repayment., with citation guidance and answers to common questions.
§ 18.29.125. Student loan repayment.
(a) The department shall repay a portion of eligible student loans held by or made to an eligible tier I, tier II, or tier III health care professional.
(b) A student loan is eligible for repayment if the student loan (1) was issued to an eligible individual under AS 18.29.130 ;
(2) is a student loan as described in 26 U.S.C. 108(f)(2); and
(3) was used by the individual for a program for which the individual received a certificate, license, or degree.
(c) A student loan repayment under this section may not exceed 33.3 percent of the unpaid student loan balance existing in the first year of program participation multiplied by the percentage of full-time equivalent employment for each year of qualified employment, not to exceed three years.
(d) A student loan or interest on a student loan is not eligible for repayment under this section if the student loan or interest is (1) to be repaid by another source, including another loan repayment or forgiveness program or an employer-sponsored loan repayment program;
(2) consolidated with a loan that is not eligible for repayment; or
(3) refinanced as a loan that is not eligible for repayment.
Frequently Asked Questions About Alaska § 18.29.125
What does Alaska Statutes § 18.29.125 cover?
Section 18.29.125 ("Student loan repayment.") 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 § 18.29.125?
A common citation format is "Alaska Statutes § 18.29.125" (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 § 18.29.125 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.