ITEM 108-104-R0700 ATTACHMENT
MONTANA BOARD OF REGENTS OF HIGHER EDUCATION
Policy and Procedures Manual
SUBJECT: STUDENT AFFAIRS
Policy 505 - Guaranteed Student Loan Program
November 18, 1999; Issued December 10, 1999
Section 20-26-1101 through 1107, Montana Codes Annotated.
The Montana Guaranteed Student Loan Program is established within the
Office of the Commissioner of Higher Education (MGSLP)
be and is
responsible for the administration of the Federal Family Education Loan
Program, formerly known as the Guaranteed Student Loan program. Staff will be employed by the Commissioner
and funded through revenues generated by the program. The MGSLP has the following responsibilities: regulation and compliance, lender promotion,
school and student liaison and other duties necessary to, or
appropriate for the efficient administration of, consistent with, or
authorized by, the Federal Family Education Loan program or other
student financial aid programs.
2. The MGSLP may contract negotiated fees for
activities necessary or appropriate to administer the student loan
program. The activities will include
but not be limited to loan processing, claim processing,
and educational outreach.
History: Item 26-012-R0180, Montana Guaranteed Student Loan Program, January 7, 1980; as revised November 18, 1999 (Item 104-103-R0999).
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