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Georgia Commons

Código Oficial de Georgia Anotado

Título 20. EDUCATION · Capítulo 3. POSTSECONDARY EDUCATION · Artículo 7. SCHOLARSHIPS, LOANS, AND GRANTS · Parte 3. GEORGIA STUDENT FINANCE AUTHORITY

20-3-400.4. Separate fund for loans; fees.

Vigente

Actualizado hasta: Including Acts of the 2025 Session of the General Assembly of Georgia.

El texto siguiente es la ley tal como la imprime el estado, en inglés.

  1. (a)

    The authority shall establish and maintain a separate fund for loans in accordance with this subpart to which shall be credited:#

    1. (1)

      State funds appropriated for use for GOT Student Loans;#

    2. (2)

      Moneys received by gift, donation, or otherwise for GOT Student Loans;#

    3. (3)

      Outstanding GOT Student Loans held by the authority; and#

    4. (4)

      Principal and interest collected on GOT Student Loans held by the authority.#

  2. (b)

    Beginning with the first fiscal year following the fiscal year in which the fund has a balance of $500,000.00 or more, for each fiscal year, the authority shall determine the amount of moneys available for loans under this subpart and shall determine which eligible applicants receive loans by a random selection process in which each eligible applicant has an equal chance of being selected for a loan.#

  3. (c)

    The authority shall be entitled to establish a reasonable fee for the processing and collecting of GOT Student Loans. Such fees shall be established by the authority by rule or regulation.#

Las notas siguientes se imprimen con la sección, pero no son ley promulgada (O.C.G.A. § 1-1-1(c)). Se muestran aparte del texto.

History

Code 1981, § 20-3-400.4, enacted by Ga. L. 2008, p. 626, § 3/SB 169.

Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).

Actualizado hasta: Including Acts of the 2025 Session of the General Assembly of Georgia.

Texto leído de t20-ch3-18-(v17a)-2025-pdf.pdf, Volumen V17A, edición 2025, página 260; acción de fusión: bound only; SHA-256 del archivo 4560a0cef806.