Kentucky Administrative Regulations Title 15 - Kentucky Higher Education Student Loan Corporation [Expired]
Here’s what I found about Title 15 – Kentucky Higher Education Student Loan Corporation (KHESLC) of the Kentucky Administrative Regulations (KAR):
📜 Status Overview
Title 15 is entirely expired, with the last official update on December 15, 2021 (apps.legislature.ky.gov).
Chapter 1 (“Guaranteed Student Loans and Loans to Parents”) also expired on that same date (apps.legislature.ky.gov).
🔍 Chapter 1 Breakdown
All regulations under Chapter 1, such as:
Regulation 010 (Qualifications of Applicants)
Regulation 020 (Purchasing Policies)
Regulation 030 (Administrative Reserve Fund)
Regulation 040 (Eligibility for Insured Student Loans made by the corporation)
have been repealed or marked inactive/expired, with their final update occurring on December 15, 2021 (law.cornell.edu, apps.legislature.ky.gov).
🏛️ What Does This Mean?
Legally, none of Title 15’s provisions are currently in effect. They were formally removed (expired/repealed) as of the December 2021 update.
No replacement regulations within the KAR have been added under Title 15 since then.
Post-expiration, the KHESLC’s activities (like loan servicing or issuing) are now governed by other state statutes (e.g., KRS Chapter 286.12 enacted via HB 494 in 2022) and any applicable federal law (apps.legislature.ky.gov, apps.legislature.ky.gov, legiscan.com).
✅ Summary Table
| Category | Status | Last Updated |
|---|---|---|
| Title 15 (KHESLC) | Expired | Dec 15, 2021 |
| Chapter 1 | Expired | Dec 15, 2021 |
| Regulations 010–040 | Repealed/Inactive | Dec 15, 2021 |
📌 Bottom Line
Title 15 KAR has no active regulations—everything expired around Dec 15, 2021.
Oversight and standards for student loan activities have been shifted to state statutes (notably KRS 286.12 enacted mid‑2022) and likely through other administrative frameworks.
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