Sec. 10a-170u. Servicing and administering of loans. - Connecticut Statutes

      Sec. 10a-170u. Servicing and administering of loans. The Board of Governors of Higher Education is authorized to contract with the Connecticut Student Loan Foundation or other public or private loan servicing agencies for servicing loans made pursuant to sections 10a-170r and 10a-170s. The Department of Higher Education may use not more than three per cent of the total amount of any annual bond allocation for the academic scholarship graduate student loan program, for administering such loans. Such revenue shall be held in the Academic Scholarship Graduate Student Loan Fund established under section 10a-170v.

      (May Sp. Sess. P.A. 86-1, S. 38, 58.)