20 USC 1019c - Loan information to be disclosed and model disclosure form for institutions participating in the William D. Ford Federal Direct Loan Program

U.S Code last checked for updates: Nov 22, 2024

§ 1019c.

Loan information to be disclosed and model disclosure form for institutions participating in the William D. Ford Federal Direct Loan Program

(a)

Provision of disclosures to institutions by the Secretary

(b)

Duties of institutions

(1)

In general

Each institution of higher education participating in the William D. Ford Direct Loan Program under part D of subchapter IV shall—

(A)

make the information the Secretary provides to the institution under subsection (a) available to students attending or planning to attend the institution, or the families of such students, as applicable; and

(B)

if the institution provides information regarding a private education loan to a prospective borrower, concurrently provide such borrower with the information the Secretary provides to the institution under subsection (a).

(2)

Choice of forms

(Pub. L. 89–329, title I, § 154, as added Pub. L. 110–315, title I, § 120, Aug. 14, 2008, 122 Stat. 3125.)

cite as: 20 USC 1019c