8 CRR-NY 2103.3NY-CRR
8 CRR-NY 2103.3
8 CRR-NY 2103.3
2103.3 Eligibility.
A student is eligible for a Lender of Last Resort (LLR) loan if he or she meets all of the eligibility requirements for either a subsidized or unsubsidized Federal Stafford Loan and:
(a) is enrolled in an eligible participating institution of higher education located in New York State;
(b) is applying for either a subsidized or an unsubsidized Federal Stafford Loan; and
(c) has applied to two separate lenders for such a loan and has been denied a loan by each one.
8 CRR-NY 2103.3
Current through July 31, 2021
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.