C.  State Higher Education Loans



 



[§304A-601]  State higher education loans;
eligibility; amounts.  Eligibility for loans from the state higher
education loan fund established under section [304A-2160] shall be limited to
students at the University of Hawaii or the community colleges of the State who
have been residents of the State for at least one year and are enrolled at
least half-time in a program that culminates in the award of a degree.  The
amount to be loaned to a student shall be determined by the board of regents
based on need for financial aid, academic promise, and deportment.  The maximum
amount of loans that a student may receive under the state higher education
loan fund shall be an aggregate amount equivalent to those amounts established for
the Perkins Loan Program (formerly known as the "National Direct Student
Loan Program") authorized under Title IV, Part E, of the Higher Education
Act of 1965, as amended. [L 2006, c 75, pt of §2]