The authority is authorized to use moneys available in the fund to make guaranteed educational loans to eligible students and parents in accordance with its rules and regulations and Part 2 of this article. The authority is further authorized, under such limited circumstances as it may prescribe, to use moneys available in the fund to purchase guaranteed educational loans made by other lenders under Part 2 of this article and to sell guaranteed educational loans made or owned by the authority to eligible lenders.
History. Code 1933, § 32-3749, enacted by Ga. L. 1980, p. 835, § 3; Ga. L. 1981, p. 735, § 40; Ga. L. 2008, p. 626, § 1/SB 169.
Structure Georgia Code
Chapter 3 - Postsecondary Education
Article 7 - Scholarships, Loans, and Grants
Part 3 - Georgia Student Finance Authority
Subpart 3 - Educational Loans Financed by State Funds
§ 20-3-370. Legislative Findings; Purpose of Subpart
§ 20-3-372. State Funded Educational Loan Program Authorized; Powers of Authority
§ 20-3-374. Service Cancelable Loan Fund; Authorized Types of Service Cancelable Educational Loans