College Loans Legislation

Added: (Tue Apr 03 2007)

Pressbox (Press Release) - Missouri's college loan authority would gain new powers to make loans to families of K-12 students under legislation passed by the Senate on Wednesday night.



The Missouri Higher Education Loan Authority already can make loans to the families of high school juniors and seniors enrolled in college credit courses, though the agency has not been doing so, said Quentin Wilson, the agency's associate director for access and success.



The bill by Sen. Gary Nodler, R-Joplin, would allow loans to be made for any elementary and secondary student, regardless of whether they are enrolled in college credit courses.



It also gives MOHELA authority to create or fund college preparatory programs, which generally provide guidance to middle, junior or senior high students interested in later going to college.



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