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 Alaska Statutes (Last Updated: January 11, 2017)
 Title 14. EDUCATION, LIBRARIES, AND MUSEUMS.
 Chapter 14.43. FINANCIAL AID PROGRAMS FOR POSTSECONDARY STUDENTS.
 Article 14.43.04. EDUCATION LOAN PROGRAM.

  Section 14.43.122. Consolidation of loans.  

Latest version. 
  •    (a) The corporation may offer a borrower who has received more than one education loan the option of consolidating the multiple loans into a single loan as provided in this section.
       (b) For a borrower to be eligible for consolidation of a loan under this section, the borrower must apply on a form approved by the corporation and provide proof satisfactory to the corporation that the borrower
            (1) physically resides in the state and has maintained a domicile in the state for not less than 12 consecutive months before submitting an application for consolidation;
            (2) has not been physically absent from the state for more than 60 days in the 12 months before submitting an application for consolidation;
            (3) has not declared residency in another state;
            (4) has not received a benefit of residency in another state.
       (c) In this section, "education loan" means a loan to finance the cost of attendance at a postsecondary institution in or outside the state.