(a) An individual applying for a federal consolidation loan
- (1) must complete and submit the consolidation loan combined loan application and promissory note; and
- (2) may not have another consolidation loan application pending.
- (b) An incomplete application may be returned to the applicant with a request for additional information. Further action may not be taken on an incomplete application until it is resubmitted with the requested information.
- (c) The commission staff may require an applicant to furnish further information and documents to verify statements on the application.
(Eff. 4/2/2004, Register 169; am 6/7/2007, Register 182)
Authority: AS 14.42.030, AS 14.43.167