§11402. Loan programs administered
In accordance with the federal Higher Education Act of 1965, 20 United States Code, Chapter 28, Subchapter IV, Part B, as amended, the Finance Authority of Maine shall administer the Robert T. Stafford Loan Program, the Parent Loans to Undergraduate Students Program and the Supplemental Loans for Students Program. To this end, the faith and credit of the State is pledged consistent with the terms and limitations of the Constitution of Maine, Article VIII, Part First, Section 2. [PL 1989, c. 698, §13 (RPR); PL 1989, c. 698, §76 (AFF).]
SECTION HISTORY
PL 1981, c. 693, §§5,8 (NEW). PL 1989, c. 698, §13 (RPR).
Structure Maine Revised Statutes
Part 5: POST-SECONDARY EDUCATION
Chapter 417: FEDERAL FINANCIAL ASSISTANCE PROGRAMS
Subchapter 1: LOAN INSURANCE PROGRAMS
20-A §11401. General provisions
20-A §11402. Loan programs administered
20-A §11403. Student Loan Insurance Fund
20-A §11404. Additions to Student Loan Insurance Fund
20-A §11405. Powers and duties
20-A §11407. Authorization for Governor to request organizations to acquire loan notes