For the purpose of determining the total of loans awarded to a borrower under AS 14.43.120(d),

1. (1) loans made under the memorial education loan programs (AS 14.43.250 - 14.43.325) and teacher education loan program (AS 14.43.600 - 14.43.700) are included; and
2. (2) "undergraduate study" includes career education programs.

(Eff. 1/4/86, Register 97; am 1/4/86, Register 97; am 3/22/97, Register 141)