State Codes and Statutes
Statutes > Alabama > Title16 > Chapter33B > 16-33B-2Section 16-33B-2
Legislative findings and purposes.
The Legislature declares that there exists within the State of Alabama a lack of sufficient availability of loans to residents of Alabama who choose to attend a postsecondary educational institution and who have a financial need in order to pay a portion or all of such residents' educationally related expenses at the postsecondary educational institution.
This chapter establishes a guaranteed student loan program which is intended to provide increased access to educational loans for Alabama residents.
(Acts 1980, No. 80-733, p. 1484, §2.)