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(a) In selecting from among the eligible applicants those who will be awarded a memorial education loan, priority will be given to those who
(1) received a loan under this program during the previous academic year and are ranked by highest to lowest grade level; or
(2) are nominated by a private donor contributing to the memorial education loan account.
(b) Distribution of loan money among applicants who meet the criteria under (a) of this section will be based on a ranking by the commission of career goals, fisheries and seafood business references, and financial need.
History: Eff. 3/31/90, Register 113; am 3/22/97, Register 141
Authority: AS 14.43.310
Editor's note: As of Register 160 (January 2002), the regulations attorney made a technical revision under AS 44.62.125 (b)(6), and in accordance with ch. 85, sec. 45, SLA 2001, to change "scholarship loan" to "education loan" in 20 AAC 15.620.
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Last modified 7/05/2006