Sec. 14.43.710. Program established.

The Alaska family education loan program is established to provide low interest loans to families to assist in paying the costs of postsecondary education for family members.

Sec. 14.43.720. Family education loan account.

(a) The family education loan account is created within the education loan fund (AS 14.42.210). The account shall be used to make family education loans to families selected under AS 14.43.710 – 14.43.750, to pay the costs of collecting family education loans that are in default if those costs are not recovered from the family, […]

Sec. 14.43.740. Loan terms, limits, and conditions.

(a) The provisions of AS 14.43.100, 14.43.120(a) – (c), (m), and (r) – (u), 14.43.122, 14.43.135, 14.43.145 – 14.43.155, 14.43.173, and 14.43.910 – 14.43.990 apply to a loan made under AS 14.43.710 – 14.43.750. (b) [Repealed, § 18 ch 54 SLA 1997.] (c) The corporation shall set the interest rate on a loan made under […]

Sec. 14.43.750. Eligibility.

(a) A person may apply for and obtain a family education loan on behalf of a family member if (1) the borrower and the family member (A) are residents of the state at the time of application for the loan; for purposes of this paragraph, a borrower and family member qualify as residents of the […]