The corporation shall annually determine the availability of program loan consolidation. In any year in which program loan consolidation is available the corporation shall determine the terms of such program loan consolidation for the academic year and with respect to program loans that are otherwise eligible for purchase by a public benefit corporation, shall be subject to the approval of such public benefit corporation, based on market conditions.
N.Y. Comp. Codes R. & Regs. Tit. 8 § 2213.26