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Missouri Laws > Title XI > Chapter 168 > § 168.590 - Coordinating board to determine rules regulating loans

168.590. The coordinating board is hereby authorized to adopt regulations governing:

(1) The form, time and method of filing applications;

(2) The manner and time of repayment of the principal and interest;

(3) The maximum rate of interest;

(4) The procedures in the event of default by the borrower;

(5) The deferral of interest and principal payments based upon teaching in areas of critical need as defined by the state board;

(6) The forgiveness of principal and interest payments;

(7) The termination of course of study following the receipt of a loan;

(8) Collection assistance.

(L. 1985 H.B. 463)

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Questions & Answers: Teachers

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U.S. Code Provisions: Teachers

U.S. Code > Title 20 > Chapter 25 - Pay And Personnel Program For Overseas Teachers

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