Mich. Admin. Code R. 390.1429

Current through Vol. 24-19, November 1, 2024
Section R. 390.1429 - Cancellation of loans

Rule 29. The authority shall cancel a loan in full or in part if disbursement does not occur prior to the ending date of the academic period for which the loan was intended. A loan may be disbursed after the academic period for which the loan was intended, if the borrower meets late disbursement requirements as authorized by the authority.

Mich. Admin. Code R. 390.1429

1979 AC; 1984 AACS; 1990 AACS