HAR §20-25-7

HAR §20-25-7. Awarding of loans

Last amended: 2002Length: 296 wordsOfficial source

Cite as Haw. Code R. § 20-25-7

Loans shall be awarded to students on a competitive basis as determined by the university. [Eff 10/12/02; am and comp SEP 0 $ 201? ] (Auth: HRS §3o4A-7o1) (Imp: HRS §304A-70l) §20-25-8 Hawaii educator loan program special fund. The Hawaii educator loan program special fund is a revolving fund administered by the board. The fund shall be allocated among the campuses using a formula based on the number of teacher education graduates in the previous fiscal year. The following may be deposited into the special fund: appropriations made by the legislature, private contributions, repayment of loans, including interest and payments received on account of principal, and moneys from other sources. All payments collected, exclusive of the collection agency’s commissions, shall revert and be credited to the fund. The fund shall be disbursed to students in accordance with the guidelines established in this chapter.” [Eff 10/12/02; comp SEP 08 201? (Auth: HRS §304A-2276) (Imp: MRS §304A-70l) 25-7 238 UNIVERSITY OF HAWAII Amendments to and compilation of chapter 20-25, Hawaii Administrative Rules, on the Summary Page dated November 17, 2016 were adopted on November 17, 2016. Section 304A-701(C), Hawaii Revised Statutes, exempts the adoption of rules pertaining to the Hawaii Educator Loan Program from the public notice and public hearing requirements. Therefore, notice and hearing were not required. The amendments to and compilation of chapter 20-25 shall take effect ten days after filing with the Office of the Lieutenant Governor. (I) cr 2: LiJ cJL - CD 2: j9S NA E SULLIVAN C airp rson, Board of Regents Unver ity of Hawaii APPROVED: i2)1% DAVID Y. Governor State of Hawki Dated: Filed (NJ C— 25-8 13238 APPROVED AS TO FORM: University of Hawaii Carrie K. S. OkinagaEsq. Vice President for Legal Affairs and University General Counsel 25-9 i323E