The earned interest paid into the post-secondary education assistance fund as provided in Section 37-106-13 shall be utilized to finance the cost of administration of this chapter. All remaining interest after payment of such administrative expenses shall be utilized to provide additional loans.
Structure Mississippi Code
Chapter 106 - Post-Secondary Education Financial Assistance
§ 37-106-15. Administration of chapter
§ 37-106-17. Applications for assistance
§ 37-106-19. Contract for repayment to be signed by applicant
§ 37-106-21. Conditions and limitations on disbursal of funds
§ 37-106-23. Funds to implement federal guaranteed student loan program
§ 37-106-27. Cooperation with Student Loan Marketing Association
§ 37-106-49. Authorization to employ loan repayment mechanism for the repayment of forgivable loans
§ 37-106-55. Critical Needs Teacher Forgivable Loan Program
§ 37-106-65. Out-of-state graduate and professional school forgivable loan program
§ 37-106-73. Speech-Language Pathologists Forgivable Loan Program
§ 37-106-75. Higher Education Legislative Plan Grant Program