California Education Code

§ 69761.5

EDC § 69761.5 Effective Jan 1, 1995Div. 5 · Title 3 · Part 42 · Ch. 2 · Art. 13

Statute text

The commission shall serve as a state student loan guarantee agency, pursuant to P.L. 94-482, and subsequent federal regulations, including, but not limited to, the following provisions:

(a)The commission shall be the designated state agency for receiving any federal funds for administrative costs and payments of insurance obligations.

(b)Educational loans to undergraduate and graduate students, or to their parent or parents, or to undergraduate and graduate students and to their parent or parents, shall not exceed the limits provided in federal law.

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Legislative history

Amended by Stats. 1994, Ch. 485, Sec. 3. Effective January 1, 1995. Repealed conditionally by Stats. 2007, Ch. 184, Secs. 2 and 4.