Alabama Code 16-33B-2. Legislative findings and purposes
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Terms Used In Alabama Code 16-33B-2
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
The Legislature declares that there exists within the State of Alabama a lack of sufficient availability of loans to residents of Alabama who choose to attend a postsecondary educational institution and who have a financial need in order to pay a portion or all of such residents’ educationally related expenses at the postsecondary educational institution.
This chapter establishes a guaranteed student loan program which is intended to provide increased access to educational loans for Alabama residents.