New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 8. Education Department |
Chapter XX. Higher Education Services Corporation |
Subchapter D. The New York Higher Education Loan Program (NYHELPs) |
Part 2213. The New York Higher Education Loan Program (NYHELPs) |
Sec. 2213.11. Program loan verification requirements
Latest version.
- (a) All eligible borrowers and eligible cosigners shall provide employment and income information as requested by the lender for verification purposes.(b) Verification requirements for lenders shall be outlined in the program’s underwriting manual. Notwithstanding, lenders shall also perform all verification requirements as directed by the corporation in accordance with the policies and procedures established by the corporation.