O.C.G.A.

O.C.G.A. § 20-3-370 (2019)

Legislative findings; purpose of subpart

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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The General Assembly finds that students and parents are not always able to obtain educational loan assistance from a commercial lender under the Georgia Higher Education Loan Program provided for in Part 2 of this article; that a need exists to make additional educational loan funds available to students and parents; and that shortages exist within the state in the supply of trained personnel in certain paramedical and other professional and educational fields and other areas, which might possibly be alleviated by providing educational loan assistance to students in those fields and areas together with an option whereby such students can repay such educational loans through services rendered in lieu of cash repayment. The purpose of the General Assembly, as provided for in this subpart, is to enable the authority to make additional educational loans to students and parents and to make service cancelable loans to students in certain fields of study and other areas as provided in this subpart.

History

(Code 1933, § 32-3746, enacted by Ga. L. 1980, p. 835, § 3; Ga. L. 1981, p. 735, § 38.)

Notes of Decisions

Cited in 1 case, 1988–1988 · leading case: Georgia Higher Educ. Assistance Corp. v. Geldon, 371 S.E.2d 449 (Ga. Ct. App. 1988).

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Georgia Higher Educ. Assistance Corp. v. Geldon, 371 S.E.2d 449 (Ga. Ct. App. 1988). · cites it 2× “, student loans made directly by the Georgia Higher Education Assistance Corporation, are governed by OCGA § 20-3-370 et seq. It is only the latter type of loan which affords the borrower the option of repaying the loan through services rendered.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.