Sec. 14.43.510. Repayment condition for medical education program participants.
(a) Except as provided under (b) and (c) of this section, as a condition of participating in a medical education program under AS 14.42.033, a program participant shall agree to either return to the state and actively engage in professional medical practice or repay financial support provided by the state on behalf of the program […]
Sec. 14.43.172. Eligibility.
(a) For a borrower to be eligible for a loan under AS 14.43.170 – 14.43.175, the borrower must be, or be about to be, enrolled in a postsecondary institution on at least a half-time basis and must be (1) a resident of this state (A) attending or about to attend a postsecondary institution that has […]
Sec. 14.43.600. Findings and intent.
(a) The legislature finds that there is a wide and unacceptable disparity between the distribution of Native teachers and Native students in rural elementary and secondary schools in the state. Many rural schools have virtually no Native teachers and no non-Native students. The undesirable effects of this disparity include the following: (1) there is a […]
Sec. 14.43.173. Loan award maximums; use of loan award.
(a) In a school year, the corporation may finance a loan under AS 14.43.170 – 14.43.175 in a maximum amount to be determined by the corporation to an eligible (1) undergraduate student attending an eligible college or university; (2) graduate student attending an eligible college or university; and (3) student attending an eligible career education […]
Sec. 14.43.610. Program established.
There is established the teacher education loan program to provide an incentive for rural high school graduates to pursue teaching careers in rural elementary and secondary schools in the state.
Sec. 14.43.175. Repayment of loans.
A borrower’s obligation to repay the principal of and interest on a loan made under AS 14.43.170 – 14.43.175 begins not later than six months following the borrower’s completion or other termination of the postsecondary program or on the date the borrower ceases to be enrolled in the program at least half time. The commission […]
Sec. 14.43.620. Teacher education revolving loan fund.
(a) The teacher education revolving loan fund is created for the purpose of making education loans to students selected under AS 14.43.600 – 14.43.700. The fund consists of money or assets appropriated or transferred to the commission for deposit into the fund, money or assets deposited into the fund by the commission, and earnings on […]
Sec. 14.43.250. Declaration of purpose.
(a) The legislature may pay tribute to the memory of Alaskans who, by the example of their lives, or by their distinguished contribution and service to this state, their community or their profession, exemplified the best that is the challenge of “The Great Land” by the creation of memorial education loans as a part of […]
Sec. 14.43.255. Fund created.
(a) There is created a memorial education revolving loan fund. The fund shall be used to provide education loans to students selected under AS 14.43.250 – 14.43.325. Repayments of a loan shall be deposited into the memorial education revolving loan fund and shall be used to make new loans. (b) Each memorial education loan, the […]
Sec. 14.43.300. Limits and conditions of loans.
(a) An education loan to a recipient under AS 14.43.250(b)(1) – (4) or (6) may not exceed $2,500 a school year for an undergraduate student or $5,000 a school year for a graduate student and may not be made to a student for more than six years. An education loan to a recipient under AS […]