§ 16-57-8 - Designated agency.
SECTION 16-57-8
§ 16-57-8 Designated agency. – The authority is designated the state agency or corporation to apply for,receive, accept, and disburse federal funds, and funds from other public andprivate sources, made available to the state for use as reserves to guaranteestudent loans or as administrative money to operate student loan programs, andis designated to administer any statewide programs of student assistance thatshall be establishedunder federal law.