Connecticut General Statutes
Chapter 187a - Connecticut Student Loan Foundation
Section 10a-202. (Formerly Sec. 10-359). - Definitions.

As used in this chapter, the following terms shall have the following meanings:

(1) “Corporation” means the Connecticut Student Loan Foundation that is a subsidiary of the Connecticut Health and Educational Facilities Authority as provided in section 10a-203a;
(2) “Board” means the board of directors of the Connecticut Student Loan Foundation, as provided in section 10a-203a;
(3) “Connecticut Health and Educational Facilities Authority” means the authority established pursuant to section 10a-179;
(4) “Eligible institution” means “eligible institution”, as defined in Title IV, Part B of the Higher Education Act of 1965;
(5) “An institution of higher education” means “institution of higher education”, as defined in Title IV, Part B of the Higher Education Act of 1965;
(6) “Title IV, Part B of the Higher Education Act of 1965” means the applicable provisions of Title IV, Part B of the Higher Education Act of 1965, as amended, and the regulations promulgated thereunder and as the same may from time to time be amended;
(7) “Eligible lender” means “eligible lender”, as defined in Title IV, Part B of the Higher Education Act of 1965, where applicable.
(February, 1965, P.A. 491, S. 2; 1967, P.A. 3, S. 2; 1969, P.A. 660, S. 2; P.A. 84-390, S. 2, 4; P.A. 85-613, S. 25, 154; P.A. 87-306, S. 2; P.A. 05-184, S. 1; P.A. 14-217, S. 42.)
History: 1967 act substituted Student Loan Foundation for Foundation for Financial Assistance to Higher Education; 1969 act replaced definition of “college” in Subsec. (c) with definition of “eligible institution” and added Subsecs. (d) and (e) defining “institution of higher education” and “vocational school”; Sec. 10-359 transferred to Sec. 10a-202 in 1983 pursuant to 1983 reorganization of higher education; P.A. 84-390 added Subsec. (f) defining “eligible lender or lender”; P.A. 85-613 made technical changes; P.A. 87-306 redefined “eligible institution”, “institution of higher education” and “eligible lender” in Subsecs. (c), (d) and (f) to give them the same definitions as in the Higher Education Act of 1965 and substituted a definition for “Title IV, Part B of the Higher Education Act of 1965” for the definition of “vocational school” in Subsec. (e); P.A. 05-184 amended Subsec. (f) to make federal definition of “eligible lender” apply only where applicable, effective July 1, 2005; P.A. 14-217 redesignated existing Subdivs. (a) and (b) as Subdivs. (1) and (2), redefined “corporation” in Subdiv. (1) as a subsidiary of the Connecticut Health and Educational Facilities Authority, added reference to Sec. 10a-203a in Subdiv. (2), added new Subdiv. (3) re definition of “Connecticut Health and Educational Facilities Authority” and redesignated existing Subdivs. (c) to (f) as Subdivs. (4) to (7), effective July 1, 2014.

Structure Connecticut General Statutes

Connecticut General Statutes

Title 10a - State System of Higher Education

Chapter 187a - Connecticut Student Loan Foundation

Section 10a-201. (Formerly Sec. 10-358). - Purpose of corporation.

Section 10a-202. (Formerly Sec. 10-359). - Definitions.

Section 10a-203. (Formerly Sec. 10-360). - Board of directors.

Section 10a-203a. - Corporation as subsidiary of Connecticut Health and Educational Facilities Authority. Board of directors.

Section 10a-204. (Formerly Sec. 10-361). - Powers of board.

Section 10a-204a. - Establishment of loan or award program to utilize excess foundation funds.

Section 10a-204b. - Issuance of bonds.

Section 10a-205. (Formerly Sec. 10-362). - Maximum interest on loans. Maintenance of funds.

Section 10a-206. (Formerly Sec. 10-363). - Repayment of loans.

Section 10a-206a. - Borrower in default on loan to have amount in default applied as reduction of any amount payable by the state to such borrower. Certain exceptions.

Section 10a-207. (Formerly Sec. 10-364). - Disability of minority not to disqualify for loan.

Section 10a-208. (Formerly Sec. 10-365). - Contributions to corporation.

Section 10a-209. (Formerly Sec. 10-366). - Tax exemption.

Section 10a-210. (Formerly Sec. 10-367). - Annual report; content. Review of operating budget.

Section 10a-211. (Formerly Sec. 10-368). - Termination of corporation.

Section 10a-212. (Formerly Sec. 10-368a). - False statement or misrepresentation. Financial information.

Section 10a-213 to 10a-215. (Formerly Secs. 10-368b to 10-368d). - Unrestricted and restricted funds. Bond issue. General obligation bonds.

Section 10a-216. (Formerly Sec. 10-368e). - Student Loan Foundation to succeed to rights and duties.