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(a) Upon receipt of completed loan promissory notes from applicants and student support agreements and invoices from WICHE, the commission staff shall transmit the loan proceeds to WICHE for transmittal and disbursement of support fees to schools in the amount required for each participating student.
(b) A loan will be disbursed in proportionate installments based upon the terms, quarters, or semesters used by the institution of attendance.
History: Eff. 1/18/81, Register 77; am 11/8/2000, Register 156
Authority: AS 14.44.035
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Last modified 7/05/2006