R 390.1422
R 390.1422 Age of applicants.
Cite as Mich. Admin. Code R 390.1422
Rule 22. A person who otherwise qualifies for an educational loan is not disqualified
because the person is under age 18. A person who is under age 18 is deemed to have full
legal capacity to apply for, receive, and repay a loan and has all the rights, powers,
privileges, and obligations of a person who is 18 years of age or older.