36 chapters · 1,018 sections in this title.
AS 14.43.154 Collection orders as judgments.
0.3K chars
A collection order is equivalent to a judgment and becomes vested (1) at the expiration of the 30-day period described in AS 14.43.153(b) if a hearing is not requested; or (2) on the date the hearing officer enters a decision in favor of the commission if a hearing was requested …
AS 14.43.155 Nature of remedies.
0.1K chars
AS 14.43.154 provides a remedy in addition to and not as a substitute for any other remedies available to the commission.
AS 14.43.160 Definitions.
1.8K chars
Article 5. AlaskAdvantage Loan Program. In AS 14.43.091 — 14.43.160, unless the context otherwise requires, (1) “career education” means a course or program in vocational-technical training or education approved by the commission; (2) “federally insured” means a loan covered by t…
AS 14.43.161 Purpose; creation.
0.3K chars
There is established the AlaskAdvantage loan program to provide postsecondary educational financial assistance through the federal guaranteed student loan program. The AlaskAdvantage loan program is the primary source for financial aid to eligible borrowers under this chapter.
AS 14.43.162 Eligibility.
1.3K chars
(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) phys…
AS 14.43.163 Restrictions on award.
0.7K chars
Under AS 14.43.161 — 14.43.168, the commission may make loans subject to the following restrictions: (1) a loan amount awarded may not exceed the maximum amount for the school year as established by the federal guaranteed student loan program; (2) a borrower may not be awarded a …
AS 14.43.164 Use of loan.
0.2K chars
A borrower may use a loan under AS 14.43.161 — 14.43.168 only for postsecondary education and reasonably related purposes as authorized by the federal guaranteed student loan program.
AS 14.43.165 Interest.
1.1K chars
(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 guarante…
AS 14.43.166 Repayment of loans.
0.6K chars
A borrower's obligation to commence repayment of the principal and interest on a loan under AS 14.43.161 — 14.43.166 and 14.43.168 begins six months after the borrower's completion or other termination of the postsecondary education program. The commission may accelerate the repa…
AS 14.43.167 Consolidation of loans.
0.5K chars
The commission may offer (1) an eligible borrower who has received more than one loan under the federal guaranteed student loan program the option of consolidating the multiple loans into a single loan; or (2) to consolidate loans made to married borrowers if the married borrower…
AS 14.43.168 Default.
0.4K chars
Article 6. Alaska Supplemental Education Loan Program. (a) The commission shall establish the default requirements for loans made under AS 14.43.161 — 14.43.168; however, the requirements may not be less restrictive than those established by the federal guaranteed student loan pr…
AS 14.43.170 Creation; purpose.
0.5K chars
There is created the Alaska supplemental education loan program to provide postsecondary educational supplemental financial assistance. Supplemental financial assistance is available to qualified borrowers to assist with unmet costs of attendance at a postsecondary institution ap…
AS 14.43.171 Applicability of other laws.
0.2K chars
The provisions of AS 14.43.120(b), 14.43.120(d)(4), 14.43.135, 14.43.140, and 14.43.145 — 14.43.160 apply to the loans made under AS 14.43.170 — 14.43.175 as if the loans were made under those applicable provisions.
AS 14.43.172 Eligibility.
2.9K chars
(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 in…
AS 14.43.173 Loan award maximums; use of loan award.
1.0K chars
(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…
AS 14.43.174 Interest. [Repealed, § 45 ch 89 SLA 2014.]
0.0K chars
[Repealed or reserved.]
AS 14.43.175 Repayment of loans.
0.5K chars
Article 7. Memorial Education Revolving Loan Fund. 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 o…
AS 14.43.250 Declaration of purpose.
2.9K chars
(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 …
AS 14.43.255 Fund created.
0.5K chars
(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 …
AS 14.43.300 Limits and conditions of loans.
3.4K chars
(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 un…
AS 14.43.305 Repayment of loans.
3.9K chars
(a) Memorial education loans under AS 14.43.250(b)(1) — (4) or (6) shall be noninterest-bearing and security for the loan may not be required. However, the note signed by the recipient shall provide for the payment of attorney fees, costs of court, and skip-tracing fees if any ar…
AS 14.43.310 Selection.
2.0K chars
(a) In selecting from among eligible applicants a person who will be granted a loan under AS 14.43.250 — 14.43.325, the administering authority shall consider the following: (1) the applicant's career goals and aspirations; (2) the applicant's prior academic record; (3) the finan…
AS 14.43.315 Discrimination prohibited. [Repealed, § 42 ch 85 SLA 2001.]
0.0K chars
[Repealed or reserved.]
AS 14.43.320 Administering authority.
0.5K chars
(a) The memorial education loans provided for under AS 14.43.250 — 14.43.325 shall be administered by the executive director of the commission, subject to review by the commission and to those regulations the commission may prescribe to carry out the purposes of AS 14.43.250 — 14…
AS 14.43.325 Funding.
1.2K chars
Article 8. Alaska Education Grant Program. (a) The memorial education revolving loan fund created under AS 14.43.255 shall be funded by voluntary contributions by state employees who may contribute the value of one or more days of annual leave a year to the memorial education rev…
AS 14.43.400 Purpose; creation.
0.4K chars
There is created the Alaska education grant program to provide financial assistance to eligible students to enable them to attend, or continue their attendance at, postsecondary educational institutions. Funds designated by the corporation or appropriated for this program may be …
AS 14.43.405 Administration.
0.2K chars
(a) The Alaska education grant program created under AS 14.43.400 — 14.43.420 shall be administered by the executive director of the commission. (b) [Repealed, § 31 ch 63 SLA 2004.]
AS 14.43.406 Applicability of other laws.
0.5K chars
(a) To the extent they are not in conflict with the provisions of AS 14.43.400 — 14.43.420, the provisions of AS 14.43.162(b), 14.43.910, and 14.43.920 apply to a grant made under AS 14.43.400 — 14.43.420. (b) In determining a student's eligibility for a grant under AS 14.43.400 …
AS 14.43.410 Distribution of funds. [Repealed, § 45 ch 89 SLA 2014.]
0.0K chars
[Repealed or reserved.]
AS 14.43.415 Eligibility; priority.
0.9K chars
(a) For an applicant to be eligible for a grant under AS 14.43.400 — 14.43.420, the applicant must be (1) a resident of this state; (2) enrolled or about to be enrolled (A) at an institution located in the state that is (i) accredited by an institutional accrediting body recogniz…
AS 14.43.420 Limitation on grants.
0.4K chars
(a) A grant made under AS 14.43.400 — 14.43.420 may not be in an amount that exceeds $4,000 for each school year. (b) [Repealed, § 31 ch 63 SLA 2004.] (c) A student may receive not more than a total of $16,000 in grants awarded under AS 14.43.400 — 14.43.420. (d) The commission m…
AS 14.43.500 Definitions. [Repealed, § 31 ch. 63 SLA 2004.]
0.0K chars
Article 9. Medical Education Support.
AS 14.43.510 Repayment condition for medical education program participants.
4.6K chars
Article 10. Teacher Education Loan Program. (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 professi…
AS 14.43.600 Findings and intent.
1.3K chars
(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 u…
AS 14.43.610 Program established.
0.2K chars
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.
AS 14.43.620 Teacher education revolving loan fund.
0.7K chars
(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 de…
AS 14.43.630 Administration.
0.8K chars
(a) The teacher education loan program shall be administered by the commission in accordance with regulations adopted by the commission. The commission shall (1) allocate the loan awards available for teacher education loans annually to local school boards giving a preference to …
AS 14.43.640 Conditions of and limitations on loans.
1.9K chars
(a) To the extent that they are not in conflict with the provisions of AS 14.43.600 — 14.43.700, the provisions of AS 14.43.100 — 14.43.160 are applicable to loans made under AS 14.43.600 — 14.43.700. (b) If a borrower meets the conditions provided in (a) of this section and is e…
AS 14.43.650 Selection criteria.
1.3K chars
(a) To be eligible for a teacher education loan, a student must (1) be a graduate of a public or private high school in the state, with sufficient credits to be admitted to an accredited college or university; (2) be enrolled in or show evidence of intent to enroll in a degree pr…
AS 14.43.700 Definition.
0.3K chars
Article 11. Alaska Family Education Loan Program. In AS 14.43.600 — 14.43.700, “rural” means a community with a population of 7,500 or less that is not connected by road or rail to Anchorage or Fairbanks or a community with a population of 1,500 or less that is connected by road …
AS 14.43.710 Program established.
0.2K chars
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.
AS 14.43.720 Family education loan account.
1.3K chars
(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 …
AS 14.43.730 Administration. [Repealed, § 42 ch 85 SLA 2001.]
0.0K chars
[Repealed or reserved.]
AS 14.43.740 Loan terms, limits, and conditions.
1.2K chars
(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 th…
AS 14.43.750 Eligibility.
1.7K chars
(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 res…
AS 14.43.790 Definitions. [Repealed, § 18 ch 54 SLA 1997.]
0.1K chars
Article 12. Alaska Performance Scholarship Program.
AS 14.43.810 Alaska performance scholarship program established; regulations.
0.8K chars
(a) The Alaska performance scholarship program is established to provide scholarships for high school graduates who are Alaska residents to attend a qualified postsecondary institution in the state. (b) The department shall, in consultation with the commission, adopt regulations …
AS 14.43.820 Alaska performance scholarship program; eligibility.
6.0K chars
(a) Subject to appropriation, the commission shall award an Alaska performance scholarship to an applicant who (1) is a resident of the state as defined in AS 01.10.055; (2) graduated or will graduate within 18 months from a high school in the state; and (3) except as provided in…
AS 14.43.825 Maximum annual awards.
4.4K chars
(a) The maximum annual awards for the Alaska performance scholarships are as follows: (1) the first award level is $7,000 and requires a (A) 3.5 grade-point average or above, or the equivalent established under (g) of this section; or (A) 3.5 grade-point average or above, or the …
AS 14.43.830 Qualified postsecondary institutions.
1.6K chars
(a) The following institutions are qualified postsecondary institutions for purposes of awarding an Alaska performance scholarship: (1) a university or college physically located in the state that (A) is authorized to operate in the state under AS 14.48.020 or is exempt from auth…