In the case of a student whose public service preceded the student’s earning of the degree, the conversion of the EPS loans to 1 percent shall be on the date the student earns the degree.
In the case of a student whose public service preceded the student’s earning of the degree, the conversion of the EPS loans to interest-free loans shall be on the date the student earns the degree.
History. Code 1981, § 20-3-405.3 , enacted by Ga. L. 2008, p. 626, § 4/SB 169; Ga. L. 2009, p. 8, § 20/SB 46.
Structure Georgia Code
Chapter 3 - Postsecondary Education
Article 7 - Scholarships, Loans, and Grants
Part 3 - Georgia Student Finance Authority
Subpart 4C - Education for Public Service Student Loan
§ 20-3-405.2. Eligibility; Repayment Period; Maximum Amount; Application; Statement of Requirements
§ 20-3-405.3. Interest Rate; Recalculation
§ 20-3-405.4. Conversion to Interest Free Loans
§ 20-3-405.5. Separate Fund for Loans; Fees