(110 ILCS 945/6.16)
(from Ch. 144, par. 1606.16)
Use of Education Loan proceeds.
The Authority shall require
that Authority Loans be used solely to make Education Loans. The Authority
shall require that institutions of higher education and education loan
corporations shall require that each
Borrower under an Education Loan shall use the proceeds solely for the cost
of attendance and that each such Borrower shall so certify.
(Source: P.A. 85-1326.)