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Indiana Code Title 21. Higher Education § 21-16-1-5

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 5. “Education loan” means a direct loan or loan insured or guaranteed under a federal or state program or a program of private insurance that is made to assist a student in obtaining postsecondary education and that is:

(1) made to any Indiana student, or to either one (1) or both parents or the legal guardian of the student, for the purpose of attending an Indiana or non-Indiana postsecondary educational institution;

(2) made to any non-Indiana student, or to one (1) or both parents or the legal guardian of the student, for the purpose of attending an Indiana or non-Indiana postsecondary education institution;  or

(3) made or owned by any lending institution:

(A) with an office located in Indiana;  or

(B) whose affiliate has an office located in Indiana or located in a state in which an Indiana bank or an Indiana bank holding company is entitled under Indiana law to acquire a bank or bank holding company.

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Cite this article: FindLaw.com - Indiana Code Title 21. Higher Education § 21-16-1-5 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-21-higher-education/in-code-sect-21-16-1-5/

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