410 IAC 23-2-7
410 IAC 23-2-7 "Student loan" defined
Cite as Ind. Admin. Code tit. 410, r. 23-2-7
Sec. 7. "Student loan" means a loan insured or guaranteed under a federal or state program of private insurance that is made to assist a
student in obtaining postsecondary education and is:
(1) made to any Indiana student, or either one (1) or both parents or the legal guardian of the student, for the purpose of attending an
Indiana or non-Indiana institution;
(2) made to any non-Indiana student, or one (1) or both parents or the legal guardian of the student, for the purpose of attending an
Indiana institution; or
(3) made or owned by any lending institution or their affiliate with offices located in Indiana or in a state which an Indiana bank or
an Indiana bank holding company is entitled under Indiana law to acquire a bank or holding company.