Indiana Statutes

§ 21-16-1-2 — "Approved lender"

Indiana·Title 21 HIGHER EDUCATION·Art. 16 EARN INDIANA PROGRAM; STUDENT LOANS;·Ch. 1 General Provisions; Definitions

"Approved lender", for the purposes of IC 21-16-4, means:

(1)an eligible institution; or
(2)a bank, trust company, savings association, credit union, or other entity as described in 20 U.S.C. 1085(d) whose primary consumer credit function is not the making of guaranteed student loans and which is examined and supervised by the appropriate state or federal regulatory agency. [Pre-2007 Higher Education Recodification Citation: 20-12-21.1-1(a).]

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Related

§ 1085
20 U.S.C. § 1085

Legislative History

As added by P.L.2-2007, SEC.257.

Nearby Sections

15
§ 21-12-1-1
Definitions
§ 21-12-1-11
"Fund"
§ 21-12-1-12
Repealed
§ 21-12-1-13
"Program"
§ 21-12-1-14
"Scholarship"
§ 21-12-1-2
"Academic term"
§ 21-12-1-3
"Academic year"
§ 21-12-1-4
"Active duty"
§ 21-12-1-4.5
"Adult student grant"
§ 21-12-1-6
"Commission"
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