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120 chapters · 536 sections in this title.
N.D.C.C. § 15-62.1-01 Guarantee student loan programs - Administration - Advisory board
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The Bank of North Dakota, hereinafter called the "agency", is the state agency designated to administer state guarantee loan programs, as provided in this chapter. The advisory board of directors to the Bank of North Dakota shall act in an advisory capacity concerning the program…
N.D.C.C. § 15-62.1-02 Powers and duties of the agency
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The agency has the following powers and duties under this chapter: 1. To guarantee all loans that satisfy the requirements set forth in title IV, part B, of the Higher Education Act of 1965 [20 U.S.C. 1001 et seq.; Pub. L. 89-329; 79 Stat. 1236; Pub. L. 99-498; 100 Stat. 1353; Pu…
N.D.C.C. § 15-62.1-03 Rates of interest permissible for guaranteed loans
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All loans guaranteed by the agency and coinsured by the federal government must bear interest at rates which are no greater than those provided under the federally coinsured loan programs. In the event that the agency guarantees student loans without federal coinsurance pursuant …
N.D.C.C. § 15-62.1-04 Repayment of loans
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The agency shall establish rules for the repayment, or deferment of repayment, of loans guaranteed under this chapter which are coinsured by the federal government consistent with the Higher Education Act of 1965, as amended. The agency shall adopt rules for the repayment, or def…
