---
title: O.C.G.A. § 20-3-370. Legislative findings; purpose of subpart.
collection: code
id: 20-3-370
cite_as: O.C.G.A. § 20-3-370 (2025)
canonical_url: https://georgiacommons.org/code/20-3-370
md_url: https://georgiacommons.org/code/20-3-370.md
text_url: https://georgiacommons.org/code/20-3-370/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t20-ch3-18-(v17a)-2025-pdf.pdf?sfvrsn=10d12596_0#page=235
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/20-3.md
previous: https://georgiacommons.org/code/20-3-366.md
next: https://georgiacommons.org/code/20-3-371.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Session of the General Assembly of Georgia
heading_path: EDUCATION / POSTSECONDARY EDUCATION / SCHOLARSHIPS, LOANS, AND GRANTS / GEORGIA STUDENT FINANCE AUTHORITY / Educational Loans Financed by State Funds
---

# O.C.G.A. § 20-3-370. Legislative findings; purpose of subpart.

The General Assembly finds that students and parents are not always able to obtain educational loan assistance from a commercial lender; that a need exists to make additional educational loan funds available to students and parents; and that shortages exist within the state in the supply of trained personnel in certain paramedical and other professional and educational fields and other areas, which might possibly be alleviated by providing educational loan assistance to students in those fields and areas together with an option whereby such students can repay such educational loans through services rendered in lieu of cash repayment. The purpose of the General Assembly, as provided for in this subpart, is to enable the authority to make additional educational loans to students and parents and to make service cancelable loans to students in certain fields of study and other areas as provided in this subpart.

## History

Code 1933, § 32-3746, enacted by Ga. L. 1980, p. 835, § 3; Ga. L. 1981, p. 735, § 38; Ga. L. 2024, p. 120, § 2-24/HB 985, effective June 30, 2024.

## Amendments

The 2024 amendment, effective June 30, 2024, deleted “under the Georgia Higher Education Loan Program provided for in Part 2 of this article” following “lender” in the first clause of the first sentence.