§ 1087a. Program authority
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(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).
(b)Designation
(1)Program The program established under this part shall be referred to as the “William D. Ford Federal Direct Loan Program”.
(2)Direct loans Notwithstanding any other provision of this part, loans made to borrowers under this part that, except as otherwise specified in this part, have the same terms, conditions, and benefits as loans made to borrowers under section 1078 of this title, shall be known as “Federal Direct Stafford/Ford Loans”.
(c)Maximum aid The maximum dollar amount of financial assistance provided under this part to a student shall not exceed the cost of attendance for such student.
(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.)
Connections658 cite this · traces to 8
Cited by 658 sections · top 60
U.S. Code
- § 1001General definition of institution of higher education
- § 1087eTerms and conditions of loans
- § 1087aProgram authority
- § 7442Federal Cyber Scholarship-for-Service Program
- § 5379Student loan repayments
- § 12604Disbursement of educational awards
- § 10671Grant authorization
- § 2171Education loan repayment program: enlisted members on active duty in specified military specialties
- § 16302Education loan repayment program: health professions officers serving in Selected Reserve with wartime critical medical skill shortages
- § 1078–3Federal consolidation loans
- § 3078Interest payment program
- § 16301Education loan repayment program: members of Selected Reserve
- § 2174Interest payment program: members on active duty
- § 18993Graduate STEM education
- § 1395hhhHealth care infrastructure improvement program
- § 2772Education loan repayment program for members on active duty in specified military specialties
public-private-law
- Public Law 116-260Consolidated Appropriations Act, 2021
- Public Law 116-136Coronavirus Aid, Relief, and Economic Security Act
- Public Law 117-263James M. Inhofe National Defense Authorization Act for Fiscal Year 2023
- Public Law 117-167Making appropriations for Legislative Branch for the fiscal year ending September 30, 2022, and for other purposes.Aug
- Public Law 116-259National Oceanic and Atmospheric Administration Commissioned Officer Corps Amendments Act of 2020
- Public Law 113-274Cybersecurity Enhancement Act of 2014
statutes-at-large
- Public Law 92–312
- Public Law 112–140To provide an extension of Federal-aid highway, highway safety, motor carrier safety, transit, and other programs funded out of the Highway Trust Fund pending enactment of a multiyear law reauthorizing such programs
- Public Law 116–136To amend the Internal Revenue Code of 1986 to repeal the excise tax on high cost employer-sponsored health coverage
- Public Law 110–315To amend and extend the Higher Education Act of 1965, and for other purposes
- Public Law 104–106To authorize appropriations for fiscal year 1996 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe personnel strengths for such fiscal year for the Armed Forces, to reform acquisition laws and informa
- Public Law 105–78Making appropriations for the Departments of Labor, Health and Human Services, and Education, and related agencies for the fiscal year ending September 30, 1998, and for other purposes
- Public Law 107–122To provide the Secretary of Education with specific waiver authority to respond to conditions in the national emergency declared by the President on September 14, 2001
CFR
- § 668.2General definitions.
- § 685.211Miscellaneous repayment provisions.
- § 685.222Borrower defenses and procedures for loans first disbursed on or after July 1, 2017, and before July 1, 2020, and procedures for loans first disbursed prior to July 1, 2017.
- § 685.207Obligation to repay.
- § 685.303Processing loan proceeds.
- § 685.217Teacher loan forgiveness program.
- § 685.301Origination of a loan by a Direct Loan Program school.
- § 685.204Deferment.
- § 668.1Scope.
- § 685.202Charges for which Direct Loan Program borrowers are responsible.
- § 685.208Fixed payment repayment plans.
- § 685.216Unpaid refund discharge.
- § 685.223Severability.
- § 685.310Severability.
- § 685.309Administrative and fiscal control and fund accounting requirements for schools participating in the Direct Loan Program.
- § 685.100The William D. Ford Federal Direct Loan Program.
register
- NoticesNotice
- NoticesNotice of intent
- NoticesNotice of proposed rulemaking
- Rules and RegulationsProposed rule with request for comments
- NoticesNotice of a New Matching Program
- Rules and RegulationsSemiannual regulatory agenda
- Rules and RegulationsNotice of proposed rulemaking
- Rules and RegulationsIntroduction to the Unified Agenda of Federal Regulatory and Deregulatory Actions
- NoticesNotice of proposed rulemaking
- NoticesThe purpose of this notice is to announce the upcoming meeting of the National Committee on Foreign Medical Education and Accreditation (NCFMEA)
- NoticesNotice of proposed rulemaking
- NoticesNotice of a New Matching Program
- NoticesFinal regulations
Traces to 8 documents
U.S. Code
- Authority to sell loans§ 1087i
- Federal payments to reduce student interest costs§ 1078
- General definition of institution of higher education§ 1001
- Program authority§ 1087a
- Appropriations authorized§ 1087aa
- Repayment by Secretary of loans of bankrupt, deceased, or disabled borrowers; treatment of borrowers attending schools that fail to provide a refund, attending closed schools, or falsely certified as eligible to borrow§ 1087
- Purpose; appropriations authorized§ 1070b
public-private-law
25 references not yet in our index
- Pub. L. 89–329, title IV, § 451
- Pub. L. 99–498, title IV, § 404
- 100 Stat. 1437
- Pub. L. 102–325, title IV, § 451
- 106 Stat. 569
- Pub. L. 103–66, title IV, § 4021
- 107 Stat. 341
- Pub. L. 103–382, title III, § 358A
- 108 Stat. 3968
- Pub. L. 110–227, § 7(a)
- 122 Stat. 746
- 134 Stat. 3138
- Pub. L. 90–575, title I, § 141
- 82 Stat. 1031
- Pub. L. 92–318, title I, § 136(a)
- 86 Stat. 272
- Pub. L. 94–482, title I, § 129(a)
- 90 Stat. 2144
- Pub. L. 110–227
- Pub. L. 103–382
- Pub. L. 103–66
- Pub. L. 102–325
- section 2 of Pub. L. 102–325
- Pub. L. 102–325, title IV, § 452
- 106 Stat. 575
Citation graph
cites case law
§ 1087a
Program authority
Bills×443
Fed. Reg.×97
Stat.×37
U.S.C.×25
C.F.R.×24
Stat. Comp.×21
Pub. L.×11
Pub. L.Pub. L. 89–329, title IV, § 451
Pub. L.Pub. L. 99–498, title IV, § 404
Stat.100 Stat. 1437
Pub. L.Pub. L. 102–325, title IV, § 451
Cites 33 · showing 12Cited by 658 across 7 sources