Montana Statutes
§ 20-26-1101 — Definitions
Montana·Title 20 EDUCATION·Ch. 26 STUDENT FINANCIAL ASSISTANCE·Part 11 Guaranteed Student Loan Program
20-26-1101 . Definitions. As used in this part, unless the context clearly indicates otherwise, the following definitions apply:
(1)"Agency" means the entity designated by the board to administer student loans.
(2)"Board" means the board of regents of higher education.
(3)"Eligible educational institution" means any institution approved by the United States secretary of education as eligible to participate in the student loan program pursuant to Title IV of the Higher Education Act of 1965, as amended.
(4)"Eligible lender" means any lender as defined under Title IV of the Higher Education Act of 1965, as amended.
(5)"Student loan program" means the program established by the board pursuant to this part.
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Legislative History
En. Sec. 3, Ch. 691, L. 1979; amd. Sec. 1, Ch. 205, L. 1993; amd. Sec. 8, Ch. 243, L. 1997; amd. Sec. 8, Ch. 446, L. 1997; amd. Sec. 4, Ch. 39, L. 2013; amd. Sec. 1, Ch. 227, L. 2015.
Nearby Sections
15
§ 20-26-101
Short Title§ 20-26-102
Purpose -- Legislative Intent§ 20-26-103
Definitions§ 20-26-1101
Definitions§ 20-26-1102
Authorization To Establish Student Loan Program§ 20-26-1103
Duties Of Board§ 20-26-1104
Repealed§ 20-26-1105
Student Loan Account§ 20-26-1106
No State Obligation§ 20-26-1107
Dissolution -- Disposition Of Money§ 20-26-1108
Through 20-26-1110 Reserved§ 20-26-1111
Access To Governmental Records§ 20-26-1112
Through 20-26-1114 Reserved