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2016 New York Laws
EDN - Education
Title 1 - GENERAL PROVISIONS
Article 14 - NEW YORK STATE HIGHER EDUCATION SERVICES CORPORATION
Part 3 - (680 - 683-B) STUDENT LOANS
681 - Capacity of minors.

NY Educ L § 681 (2016) What's This?
 681. Capacity of minors.  Any person otherwise qualifying for a loan
  from  the  corporation,  or  qualifying  for  a  loan  guaranteed by the
  corporation, shall not be disqualified by reason of his being under  the
  age  of  eighteen  years and for the purposes of applying for, receiving
  and repaying such a loan any such person shall be deemed  to  have  full
  legal  capacity  to  act;  provided, however, that the signature of both
  parents of an applicant  not  meeting  emancipated  status  requirements
  shall  be  required for the purposes of receiving such a loan unless the
  president determines in accordance with  rules  and  regulations  to  be
  promulgated  by the board that unusual family circumstances preclude the
  availability of such signatures.

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