17 chapters · 1,343 sections in this title.
O.C.G.A. § 20-3-400 Short title
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This subpart shall be known and may be cited as the ‘‘Graduate On Time Student Loan Act.’’ (Code 1981, § 20-3-400, enacted by Ga. L. 2008, p. 626, § 3/SB 169.)
O.C.G.A. § 20-3-400.1 Definitions
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As used in this subpart, the term: (1) ‘‘Beginning date of a postsecondary course of study’’ means the first day of postsecondary classes attended by a student for credit toward an associate degree or baccalaureate degree. In the case of a program that includes undergraduate stud…
O.C.G.A. § 20-3-400.2 Eligibility; repayment period; maximum amount; interest rate; requirements
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(a) The authority is authorized to provide direct loans to students who are legal residents of this state and who are not ineligible under Code Section 20-3-400.6 in accordance with the provisions of this subpart and regulations of the authority promulgated to implement this subp…
O.C.G.A. § 20-3-400.3 Recalculation of interest rate
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(a) When the annual interest rate is converted to 1 percent in accordance with subsection (e) of Code Section 20-3-400.2, the authority shall recalculate the balance owed on the loan to reflect the retroactive change in the interest rate. (b) The steps of the recalculation requir…