§70-695.2. Definitions.

144 words·~1 min read·/ok/title-70-schools/70-695-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

As used in the Oklahoma Student Loan Act:

1. "Authority" means the Oklahoma Student Loan Authority;

2. "Participating institution" means any educational institution, public or private, including junior colleges and vocational-technical schools, which qualifies as an eligible institution for the federal insured loan program under the Federal Higher Education Act of 1965, as amended, and participating in student loan programs under the Oklahoma Student Loan Act;

3. "Qualified person" means a person who is eligible for a student loan under the Oklahoma Student Loan Act; and

4. "Bond" or "Bonds" means revenue bonds and notes issued by the Authority. Added by Laws 1972, c. 125, § 2, emerg. eff. April 6, 1972. Amended by Laws 1987, c. 81, § 1, operative July 1, 1987; Laws 1992, c. 278, § 1, eff. July 1, 1992; Laws 2024, c. 242, § 1, eff. Nov. 1, 2024.