R 390.1417 Student transfers.

Rule 17. (1) When a student transfers to another participating school, the original participating school that certified the loan shall continue to have the loan recorded against its total loans until repaid. The participating school to which the student transfers shall furnish periodic reports to the authority concerning the student's continuing loan eligibility. (2) Where applicable, enrollment in an ineligible school shall not be taken into consideration in the establishment of a loan repayment due date. A due date shall be established based on the student's last date of at least half-time attendance at an eligible participating school.