20 USC 1080 - Default of student under Federal loan insurance program

U.S Code last checked for updates: May 05, 2024

§ 1080.

Default of student under Federal loan insurance program

(a)

Notice to Secretary and payment of loss

(b)

Effect of payment of loss

(c)

Forbearance not precluded

(d)

Care and diligence required of holders

(e)

Default rate of lenders, holders, and guaranty agencies

(1)

In general

(2)

Regulations

(3)

Rate establishment and correction

(Pub. L. 89–329, title IV, § 430, as added Pub. L. 99–498, title IV, § 402(a), Oct. 17, 1986, 100 Stat. 1397; amended Pub. L. 102–325, title IV, § 423, July 23, 1992, 106 Stat. 543; Pub. L. 105–244, title IV, § 426, Oct. 7, 1998, 112 Stat. 1702.)

cite as: 20 USC 1080