§ 1074. Scope and duration of Federal loan insurance program
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/usc/title-20/section-1074A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Limitations on amounts of loans covered by Federal insurance The total principal amount of new loans made and installments paid pursuant to lines of credit (as defined in section 1085 of this title) to students covered by Federal loan insurance under this part shall not exceed $2,000,000,000 for the period from July 1, 1976, to September 30, 1976, for each of the succeeding fiscal years ending prior to October 1, 2009, and for the period from October 1, 2009, to June 30, 2010, for loans first disbursed on or before June 30, 2010.
(b)Apportionment of amounts The Secretary may, if he or she finds it necessary to do so in order to assure an equitable distribution of the benefits of this part, assign, within the maximum amounts specified in subsection (a), Federal loan insurance quotas applicable to eligible lenders, or to States or areas, and may from time to time reassign unused portions of these quotas.
(Pub. L. 89–329, title IV, § 424, as added Pub. L. 99–498, title IV, § 402(a), Oct. 17, 1986, 100 Stat. 1358; amended Pub. L. 102–325, title IV, § 411(b)(1), July 23, 1992, 106 Stat. 510; Pub. L. 105–33, title VI, § 6104(1), Aug. 5, 1997, 111 Stat. 652; Pub. L. 105–244, title IV, § 414, Oct. 7, 1998, 112 Stat. 1679; Pub. L. 109–171, title VIII, § 8004(b)(1), Feb. 8, 2006, 120 Stat. 158; Pub. L. 110–315, title IV, § 421, Aug. 14, 2008, 122 Stat. 3227; Pub. L. 111–152, title II, § 2202, Mar. 30, 2010, 124 Stat. 1074.)
Connections18 cite this · traces to 3
Cited by 18 sections · top 16
statutes-at-large
- Public Law 92–312
- Public Law 94–328
- Public Law 90–457
- Public Law 99–272To provide for reconciliation pursuant to section 2 of the first concurrent resolution on the budget for fiscal year 1986 (S
- Public Law 110–315To amend and extend the Higher Education Act of 1965, and for other purposes
- Public Law 94–482To extend the Higher Education Act of 1995, to extend and revise the Vocational Education Act of 1983, and for other purposes
- Public Law 99–498To reauthorize and revise the Higher Education Act of 1965, and for other purposes
- Public Law 102–325To reauthorize the Higher Education Act of 1965, and for other purposes
- Public Law 105–32Waiving certain enrollment requirements with respect to two specified bills of the One Hundred Fifth Congress
- Public Law 111–148Entitled The Patient Protection and Affordable Care Act
- Public Law 109–171To provide for reconciliation pursuant to section 202(a) of the concurrent resolution on the budget for fiscal year 2006 (H
- Public Law 105–244To extend the authorization of programs under the Higher Education Act of 1965, and for other purposes
- Public Law 96–374To amend and extend the Higher Education Act of 1965, and for other purposes
39 references not yet in our index
- Pub. L. 89–329, title IV, § 424
- Pub. L. 99–498, title IV, § 402(a)
- 100 Stat. 1358
- Pub. L. 102–325, title IV, § 411(b)(1)
- 106 Stat. 510
- Pub. L. 105–33, title VI, § 6104(1)
- 111 Stat. 652
- Pub. L. 105–244, title IV, § 414
- 112 Stat. 1679
- Pub. L. 109–171, title VIII, § 8004(b)(1)
- 120 Stat. 158
- Pub. L. 110–315, title IV, § 421
- 122 Stat. 3227
- Pub. L. 111–152, title II, § 2202
- 124 Stat. 1074
- 79 Stat. 1237
- Pub. L. 90–460, § 1(a)(1)
- 82 Stat. 634
- Pub. L. 90–575, title I, § 112(a)
- 82 Stat. 1020
- Pub. L. 92–318, title I, § 132(a)
- 86 Stat. 261
- Pub. L. 94–328, § 2(a)
- 90 Stat. 727
- Pub. L. 94–482, title I, § 127(a)
- 90 Stat. 2103
- Pub. L. 96–374, title IV, § 411(a)
- 94 Stat. 1415
- Pub. L. 99–272, title XVI, § 16018(a)(1)
- 100 Stat. 348
- Pub. L. 99–498
- Pub. L. 111–152
- Pub. L. 110–315
- Pub. L. 109–171
- Pub. L. 105–244
- Pub. L. 105–33
- Pub. L. 102–325
- section 8001(c) of Pub. L. 109–171
- section 3 of Pub. L. 105–244
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§ 1074
Scope and duration of Federal loan insurance program
Stat.×14
Stat. Comp.×2
U.S.C.×2
Pub. L.Pub. L. 89–329, title IV, § 424
Pub. L.Pub. L. 99–498, title IV, § 402(a)
Stat.100 Stat. 1358
Pub. L.Pub. L. 102–325, title IV, § 411(b)(1)
Stat.106 Stat. 510
Cites 42 · showing 8Cited by 18 across 3 sources