Loans can be made to students to defray expenses incurred in obtaining an eligible profession education under the following conditions and limitations:

1. A. the amount of the loan shall not exceed the amount equivalent to the negotiated support fee for the graduate or professional program; and

2. B. upon approval of the loan, a contract shall be drawn between the student and the commission and signed by the student.

   [9/30/97; Recompiled 10/31/01]