20-A M.R.S. §12926: Deferments
Where this section sits in the code
- TITLE 20-A: EDUCATION
- PART 5: POST-SECONDARY EDUCATION
- CHAPTER 439: MAINE SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS LOAN PROGRAM
The authority may grant deferments on the repayment of a loan under the program for causes established by rule. Interest at a rate to be determined by rule of the authority may be assessed during a deferment. The student's total debt to the authority, including principal and interest, must be repaid. The authority shall make determinations of deferment on a case-by-case basis. The decision of the authority regarding deferment is final.
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