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167 chapters · 1,156 sections in this title.
20-A M.R.S. § 11458 Program established
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There is established the Higher Education Loan and Loan Insurance Program, administered by the Finance Authority of Maine, to carry out the purposes of this chapter.
20-A M.R.S. § 11459 Definitions
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As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1991, c. 824, Pt. A, §35 (NEW).] 1. Authority. "Authority" means the Finance Authority of Maine. 1-A. Consolidation loan. "Consolidation loan" means a loan under …
20-A M.R.S. § 11460 Eligibility
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Loans made or insured under this chapter must be either student loans or consolidation loans. Loans made or insured under this chapter are available only to or for the benefit of a resident of the State or an individual attending an institution of higher education in the State wh…
20-A M.R.S. § 11461 Higher Education Loan and Loan Insurance Program Fund
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1. Establishment. The Higher Education Loan and Loan Insurance Program Fund is established to be used by the authority as a nonlapsing, revolving fund for carrying out this chapter. In its discretion, the authority may combine this fund with other funds of the authority for accou…