R 390.1451
R 390.1451 Repayment terms.
Cite as Mich. Admin. Code R 390.1451
Rule 51. (1) Loan repayment terms shall be established as required by the act and
by the secretary in the provisions of 34 C.F.R. SS682.209 to 682.211. These provisions
are adopted by reference in R 390.1491.
(2) The loan may be paid in full or in part at any time without penalty to the
borrower.