HAR §20-8-9. State higher education loan fund

The State Higher Education Loan Fund is a revolving fund administered by the President on behalf of the board. 8-6 3 2 6 2 1tl1 §20-8-9 All interest and payments received on account of principal in the loan fund shall be credited to the loan fund. All payments collected, exclusive of the collection agency's commissions, shall revert and be credited to the loan fund. The loan fund shall be disbursed to needy students in accordance with the guidelines established in this chapter. [Eff and comp 5/9/98; comp 12/19/02; am and comp ] (Auth: HRS §§304A-104, 304A-603, 3o4MASol,8 itUIA-2160) (Imp: HRS §§304A-602, 304A-603, 304A-604, 304A-2160) 8 - 7 UNIVERSITY OF HAWAII Amendments to and compilation of chapter 20 - 8, Hawaii Administrative Rules, on the Summary Page dated November 16, 2017 were adopted on November 16, 2017 following a public hearing held on October 19, 2017, after public notice was given in the Honolulu Star- Advertiser on September 18, 2017. These rules shall take effect ten days after filing with the Office of the Lieutenant Governor. of Regents APPROVED: Governor State of Hawaii Dated: Fi led . - co ::?: = ;:;:., I 8-8 \() :;::, -J 1' \..v I -,.,., i rr, .I- c; ► •·t::: -ri -l ( .. ,::..' :~10 < rr: _IJ :r.: 326 2 , ~~ APPROVED AS TO FORM: University of Hawaii Car~ q. Vice President for Legal Affairs and University General Counsel Department of the Attorney General Diane Er;:a(son Deputy Attorney General 8 -9 326 2 •t