{"data":{"id":"us-ak/as-14.42.215","jurisdiction":"us-ak","citation":"AS 14.42.215","heading":"Interest.","body":"(a) The corporation shall set the interest rate on a loan financed by the corporation under AS 14.43.091 — 14.43.160, 14.43.170 — 14.43.175, 14.43.710 — 14.43.750, and AS 14.44.040. Interest on a loan accrues from the time the loan is disbursed.\n(b) A borrower may elect to make payments of interest that accrues during the borrower's term of attendance at the postsecondary institution or during authorized deferment periods; however, any unpaid interest shall be capitalized as part of the principal to be repaid as agreed, or upon graduation, withdrawal, or completion of the deferment period.","path":["Title 14. Education, Libraries, and Museums.","Chapter 42. Postsecondary Education Commission and Loan Corporation.","Article 2. Alaska Student Loan Corporation."],"source_url":"https://www.akleg.gov/basis/statutes.asp#14.42.215","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:17:00Z","sha256":"deabb16fd298ea3621aeacdff00e8de4de08cd6e31dd64ba42dedf5a242b55c0","source_id":"us-ak","stale":false,"prev":"us-ak/as-14.42.210","next":"us-ak/as-14.42.220"},"notice":"GroundRules: Original legal text. Not legal advice."}