New York Education Law Part 5 - THE NEW YORK HIGHER EDUCATION LOAN PROGRAM

  • 690 - Definitions.
    As used in this part, the following terms shall have the following meanings unless otherwise specified: 1. "Education loan" shall mean any loan that is...
  • 691 - Powers and Duties.
    In furtherance of the purposes set forth in this part, the corporation shall have the following additional powers and duties: 1. To market, originate, disburse,...
  • 692 - Education Loans; Special Requirements.
    In any year in which fixed rate education loans are to be acquired using the proceeds of bonds issued by the state of New York...
  • 693 - Repayment of Loans.
    1. Terms of repayment. The terms of repayment of education loans made under this program shall be established in rules and regulations promulgated by the...
  • 694 - Sale of Education Loans.
    1. The corporation and holders shall be authorized to enter into one or more agreements for the sale of education loans made pursuant to this...
  • 694-a - Miscellaneous.
    1. No education loan shall be deemed subject to section one hundred eight of the banking law, to article nine of the banking law or...
  • 694-b - Reporting.
    The corporation, after consultation with the state of New York mortgage agency, and any other public benefit corporation that shall have issued bonds under the...

Last modified: February 3, 2019