Mich. Admin. Code R. 390.1442

Current through Vol. 24-19, November 1, 2024
Section R. 390.1442 - Payment of federal interest benefits

Rule 42. Loans disbursed to students who are eligible for federal payment of interest benefits shall have interest paid by the secretary during the in-school period, grace period, and periods of authorized deferment in the full amount as authorized for the date on which the loan was disbursed.

Mich. Admin. Code R. 390.1442

1979 AC; 1984 AACS; 1990 AACS