The commissioner of higher education, acting on behalf of the coordinating board, may:
- (1) Enter into agreements with and receive grants from the United States government in connection with federal programs of assistance to students in teacher education programs;
- (2) Contract with public agencies or private persons or organizations for the purpose of carrying out the administrative functions imposed by sections 168.550 to 168.595;
- (3) Designate the department of higher education to receive loan applications and distribute funds;
- (4) Call upon agencies of the state which have financial expertise for consultation and advice, and upon any agency of the state for assistance in the location of delinquent borrowers.
(L. 1985 H.B. 463)