2014 Missouri Revised Statutes
TITLE XI EDUCATION AND LIBRARIES (160-186)
Chapter 168 Personnel--Teachers and Others
Section 168.590 (Repealed L. 2012 H.B. 1608 § A)

MO Rev Stat § 168.590 (2014) What's This?

168.590. The coordinating board is hereby authorized to adopt regulations governing:

(1) The form, time and method of filing applications;

(2) The manner and time of repayment of the principal and interest;

(3) The maximum rate of interest;

(4) The procedures in the event of default by the borrower;

(5) The deferral of interest and principal payments based upon teaching in areas of critical need as defined by the state board;

(6) The forgiveness of principal and interest payments;

(7) The termination of course of study following the receipt of a loan;

(8) Collection assistance.

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