2017 Missouri Revised Statutes
Title XI EDUCATION AND LIBRARIES
Chapter 173 Department of Higher Education
Section 173.387 Authority may be originator of guaranteed student loan, conditions.
Effective 02 May 2008, see footnote
Title XI EDUCATION AND LIBRARIES
Chapter 173173.387. Authority may be originator of guaranteed student loan, conditions. — The authority is hereby authorized to be the originator of any federally guaranteed student loan. Provided, however, with respect to borrowers attending higher education institutions in the state of Missouri, the authority's origination of Stafford loans under the Federal Family Education Loan Program shall not exceed ten percent of the previous year's total Missouri Federal Family Education Loan Program volume as determined by the Student Marketmeasure report, data from the United States Department of Education, or other reputable sources.
(L. 1988 H.B. 1456, A.L. 1994 S.B. 583, A.L. 2003 H.B. 221 merged with S.B. 346, A.L. 2008 S.B. 967)
Effective 5-02-08
