Standards of eligibility for loans.
Mo. Rev. Stat. § 173.160
in effect173.160. Standards of eligibility for loans. — The board shall adopt and promulgate regulations establishing standards for determining eligible institutions, eligible lenders, and eligible borrowers under sections 173.095 to 173.180 . These standards shall include, but are not limited to, the following:
(1) The student's enrollment in an eligible institution, where his good standing and workload meet the criteria of the institution;
(2) The total guaranteed loans made to a student for one academic year;
(3) The aggregate insured unpaid principal of all guaranteed loans made to any student;
(4) The loans received by the student other than those guaranteed under the provisions of sections 173.095 to 173.180 ;
(5) The need of the student for the loan;
(6) The proportion of guaranteed outstanding student loans in default or potential default status from individual institutions or lenders;
(7) The percentage of the enrolled students at an institution who have guaranteed student loans and then withdraw; and
(8) The proportion of students at an institution having received guaranteed loans.
(L. 1967 1st Ex. Sess. p. 894 § 8, A.L. 1978 H.B. 891, A.L. 1981 H.B. 326, A.L. 1994 S.B. 583)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://revisor.mo.gov/main/OneSection.aspx?section=173.160Fetched: 10/17/2026