# WAC 250-60-090: WAC 250-60-090. Loan collection

> Washington · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_090

## Section

- **Citation:** WAC 250-60-090
- **Heading:** WAC 250-60-090. Loan collection
- **Jurisdiction:** Washington
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Administrative Code / Title 250 / Chapter 250-60 / Section 250-60-090

## Text

The board is responsible for collection of loans made and shall exercise due diligence in such collection to ensure that maximum repayments are made. The board is responsible to forgive all or parts of such loans under the criteria established in these rules and regulations.
Receipts from the payment of principal or interest or any other subsidies to which the board as lender is entitled, which are paid by or on behalf of borrowers, shall be deposited with the higher education coordinating board and shall be used to cover the costs of making the loans, maintaining necessary records and making collections. All receipts beyond those necessary to pay such costs shall be used to make loans to eligible students.

## Nearby sections

- [WAC 250-60-010 WAC 250-60-010. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_010.md)
- [WAC 250-60-020 WAC 250-60-020. Administration of program](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_020.md)
- [WAC 250-60-030 WAC 250-60-030. Student eligibility](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_030.md)
- [WAC 250-60-040 WAC 250-60-040. Institutional eligibility](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_040.md)
- [WAC 250-60-050 WAC 250-60-050. Agreement to participate](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_050.md)
- [WAC 250-60-060 WAC 250-60-060. Program definitions](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_060.md)
- [WAC 250-60-070 WAC 250-60-070. Application procedure and selection](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_070.md)
- [WAC 250-60-080 WAC 250-60-080. Control of funds](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_080.md)
- [WAC 250-60-090 WAC 250-60-090. Loan collection](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_090.md)
- [WAC 250-60-100 WAC 250-60-100. Criteria for obtaining forgiveness based on qualifying teacher service](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_100.md)
- [WAC 250-60-110 WAC 250-60-110. Program administration and audits](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_110.md)
- [WAC 250-60-120 WAC 250-60-120. Suspension or termination of institutional participation](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_120.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_250_60_090. Check the current official text before relying on it. Not legal advice.