- (a) A borrower, but not an endorser, may defer payments of principal on an AlaskAdvantage loan after the beginning of the repayment period in accordance with the conditions set out in 20 U.S.C. 1077 and 34 C.F.R. 682.210.
- (b) In order to receive a deferment the borrower must request the deferment and submit any documentation required by 34 C.F.R. 682.210 to the commission for approval.
(Eff. 7/1/2002, Register 162; am 8/19/2009, Register 191)