Proposed Revision to 505.5 - Secondary Market Services
REPEAL ENTIRE POLICY - Policy #505-5
Board policy
1. The Student Loan Marketing Association (Sallie Mae) is approved to provide secondary market services for Montana lenders who wish to sell student loan portfolios.
2. The Commissioner of Higher Education is authorized to sign an agreement between the Montana Guaranteed Student Loan Program and the Student Loan Marketing Association.
History:
Item 34-902-R0182, Secondary Market; Guaranteed Student Loan Program, January 22, 1982.