Section 2790.90  Limitation

A limitation may include, as appropriate to the program in question:

a)         a limit on the number or percentage of students enrolled in an educational institution who may receive ISAC administered funds;

b)         a limit on the guaranteed loans that a lending institution may make, purchase or hold;

c)         a requirement that an institution obtain and continue to hold in force and effect a bond, in a specified amount, to assure its ability to meet its financial obligations to students who receive ISAC funds; or

d)         such other conditions as may be determined to be reasonable and appropriate.

(Source:  Amended at 21 Ill. Reg. 11148, effective July 18, 1997)