Maine § 20-A §11463 Insure student loan payments

Maine Statutes

§ 20-A §11463 — Insure student loan payments

Maine § 20-A §11463

Title 20-AEDUCATION

Part 5POST-SECONDARY EDUCATION

Ch. 417-CHIGHER EDUCATION LOAN AND LOAN INSURANCE PROGRAM

This text of Maine § 20-A §11463 (Insure student loan payments) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 20-A, § 20-A §11463 (2026).

Text

The authority may make commitments and agreements to insure student loan payments.

1.Loan serviced. A loan insured by the authority must be serviced as required by the authority.

2.Compliance. A loan insured by the authority must be in compliance with the student loan insurance credit policy of the authority.

3.Other terms. A loan insured by the authority may be subject to terms other than those specified in subsections 1 and 2 as may be required by law or by rule of the authority.

4.Financial education. Prior to obtaining a loan insured by the authority, an applicant must satisfy financial education requirements established or approved by the authority.

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The authority may make commitments and agreements to insure student loan payments.
1.
Loan serviced.
A loan insured by the authority must be serviced as required by the authority.
2.
Compliance.
A loan insured by the authority must be in compliance with the student loan insurance credit policy of the authority.
3.
Other terms.
A loan insured by the authority may be subject to terms other than those specified in subsections 1 and 2 as may be required by law or by rule of the authority.
4.
Financial education.
Prior to obtaining a loan insured by the authority, an applicant must satisfy financial education requirements established or approved by the authority.