(1) Long-term loans and other institutional financial aid to needy students shall be made only to students who qualify as residents for tuition purposes under RCW
28B.15.012 (2)(a) through (e) or to align with federal guidelines and are enrolled for at least three credit hours of instruction or the equivalent.
(2) Priorities for use of other institutional financial aid shall be given to:
(a) Needy students who have accumulated excessive educational loan burdens;
(b) Needy single parents for educational expenses, including child care and transportation;
(c) Other eligible needy students; and
(d) Needy dual credit enrolled students for tuition, fees, course materials, and transportation.
(3) Short-term loans may be made to any student enrolled in the institution.
(4) For long-term and short-term loans, institutions must have ample evidence that students have the capability of repaying the loan within the time frame specified by the institution.
(5) No individual shall be eligible for long-term loans, short-term loans or other institutional financial aid for needy students if currently in default or delinquent in the payment on any educational loan or who owes a repayment on any federal or state grant.
[Statutory Authority: RCW
28B.15.820. WSR 16-11-016, § 131-36-100, filed 5/6/16, effective 6/6/16; WSR 09-06-046, § 131-36-100, filed 2/25/09, effective 3/28/09. Statutory Authority: Chapter
28B.50 RCW. WSR 98-15-012, § 131-36-100, filed 7/2/98, effective 8/2/98. Statutory Authority: 1981 c 257. WSR 81-19-113 (Order 90, Resolution 81-66), § 131-36-100, filed 9/23/81.]