§ 1087a.
(a)
In general
There are hereby made available, in accordance with the provisions of this part, such sums as may be necessary (1) to make loans to all eligible students (and the eligible parents of such students) in attendance at participating institutions of higher education selected by the Secretary, to enable such students to pursue their courses of study at such institutions during the period beginning July 1, 1994; and (2) for purchasing loans under section 1087i–1 of this title. Loans made under this part shall be made by participating institutions, or consortia thereof, that have agreements with the Secretary to originate loans, or by alternative originators designated by the Secretary to make loans for students in attendance at participating institutions (and their parents).
([Pub. L. 89–329, title IV, § 451], as added [Pub. L. 99–498, title IV, § 404], Oct. 17, 1986, [100 Stat. 1437]; amended [Pub. L. 102–325, title IV, § 451], July 23, 1992, [106 Stat. 569]; [Pub. L. 103–66, title IV, § 4021], Aug. 10, 1993, [107 Stat. 341]; [Pub. L. 103–382, title III, § 358A], Oct. 20, 1994, [108 Stat. 3968]; [Pub. L. 110–227, § 7(a)], May 7, 2008, [122 Stat. 746]; [Pub. L. 116–260, div. FF, title VII, § 702(a)(2)], Dec. 27, 2020, [134 Stat. 3138].)