SCS/SB 967 – This act allows the Missouri Higher Education Loan Authority to be the originator of any federally guaranteed student loan. For borrowers attending higher education institutions in Missouri, the authority's origination of Stafford loans under the Federal Family Education Loan Program must not exceed 10% of the previous year's total Missouri Federal Family Education Loan Program volume as described in the act. This act contains an emergency clause.
MICHAEL RUFF