Mo. Rev. Stat. § 173.387
The authority shall not, under any circumstances, be the originator of any federally guaranteed student loan, except for consolidation of existing student loans, parent loans for undergraduate students (PLUS), and upon designation by the commissioner as lender of last resort.
(L. 1988 H.B. 1456, A.L. 1994 S.B. 583, A.L. 2003 H.B. 221 merged with S.B. 346)