FINANCIAL,CODE,DIVISION,COLLEGE,LOANS,THE AUTHORITY,SECTION,ARTICLE,THE STATE,CONSTITUTION,SUBJECT TO,SUBDIVISION,EDUCATIONAL INSTITUTIONS OF,GRADE,AUTHORIZED,FINANCE,STUDENT,TUITION,ROOM AND BOARD,COSTS,ATTENDANCE,LIVING,INSTITUTION,RATES,NOT TO EXCEED,THE HIGHER,OF 1,TEN PERCENT,ANNUM,FIVE PERCENT,PLUS,RATE,THE FEDERAL RESERVE BANK OF,SAN FRANCISCO,MEMBER,BANKS,THE FEDERAL RESERVE ACT,HEREAFTER,FROM TIME TO TIME,SHALL,DESIGNATED,COMMISSIONER OF,FINANCIAL INSTITUTIONS OF,THE STATE OF CALIFORNIA,UNLESS,PERSON,AGENCY,DELEGATED,AUTHORITY,LEGISLATURE,DATE,DETERMINING,THE FEDERAL RESERVE,BANK,25TH,THE MONTH,EXECUTION,THE CONTRACT,LOAN,FORBEARANCE,ORDER,RATE OF INTEREST,EXCEED,DETERMINED,PERCENTAGE POINT,IN EXCESS,INTEREST RATE,AS OF,THE STUDENT,EXTENT,CREATES,CLASS,PERSONS,THE CONSTITUTION,C,WITH RESPECT TO,FACULTY,STAFF,REAL PROPERTY,CONSISTING OF,RESIDENTIAL,DWELLING,TERM,EFFECTIVE,JANUARY 1,JULY 1,APPLY,COMMUNITY COLLEGES,