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Students eligible for loans pursuant to this Article shall receive the following benefits:

(a) Payment of tuition and fees for a period of not more than four (4) scholastic years.

(b) An annual grant loan of not more than Five Thousand Dollars ($5,000) per year to be disbursed in accordance with regulations adopted by the Board, such loans to be non-interest bearing except as to unpaid delinquent amounts. In no case shall the total amount loaned to a single individual under this subparagraph exceed the sum of Twenty Thousand Dollars ($20,000).

SOURCE: Added by P.L. 20-029:2 (June 13, 1989).

17 Guam Code Ann. EDUCATION
CH. 15 FINANCIAL ASSISTANCE