§ 1087aa. Appropriations authorized
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(a)Program authority The Secretary shall carry out a program assisting in the maintenance of funds at institutions of higher education for the making of loans to undergraduate students in need to pursue their courses of study in such institutions or while engaged in programs of study abroad approved for credit by such institutions. Loans made under this part shall be known as “Federal Perkins Loans”.
(b)Authority to make loans
(1)In general
(A)Loans for new undergraduate Federal Perkins Loan borrowers Through September 30, 2017, an institution of higher education may make a loan under this part to an eligible undergraduate student who, on the date of disbursement of a loan made under this part, has no outstanding balance of principal or interest on a loan made under this part from the student loan fund established under this part by the institution, but only if the institution has awarded all Federal Direct Loans, as referenced under subparagraphs
(A)and
(D)of section 1087e(a)(2) of this title, for which such undergraduate student is eligible.
(B)Loans for current undergraduate Federal Perkins Loan borrowers Through September 30, 2017, an institution of higher education may make a loan under this part to an eligible undergraduate student who, on the date of disbursement of a loan made under this part, has an outstanding balance of principal or interest on a loan made under this part from the student loan fund established under this part by the institution, but only if the institution has awarded all Federal Direct Stafford Loans as referenced under section 1087e(a)(2)(A) of this title for which such undergraduate student is eligible.
(C)Loans for certain graduate borrowers Through September 30, 2016, with respect to an eligible graduate student who has received a loan made under this part prior to October 1, 2015, an institution of higher education that has most recently made such a loan to the student for an academic program at such institution may continue making loans under this part from the student loan fund established under this part by the institution to enable the student to continue or complete such academic program.
(2)No additional loans An institution of higher education shall not make loans under this part after September 30, 2017.
(3)Prohibition on additional appropriations No funds are authorized to be appropriated under this chapter or any other Act to carry out the functions described in paragraph
(1)for any fiscal year following fiscal year 2015.
(Pub. L. 89–329, title IV, § 461, as added Pub. L. 99–498, title IV, § 405(a), Oct. 17, 1986, 100 Stat. 1439; amended Pub. L. 102–325, title IV, § 461(a)(2)–(c), July 23, 1992, 106 Stat. 576; Pub. L. 105–244, title IV, § 461, Oct. 7, 1998, 112 Stat. 1720; Pub. L. 110–315, title IV, § 461, Aug. 14, 2008, 122 Stat. 3265; Pub. L. 114–105, § 2(a)(1), Dec. 18, 2015, 129 Stat. 2219.)
Connections215 cite this · traces to 7
Cited by 215 sections · top 60
U.S. Code
- § 1001General definition of institution of higher education
- § 1087aProgram authority
- § 1087aaAppropriations authorized
- § 1089Master calendar
- § 1087ddTerms of loans
- § 2141Educational assistance program: establishment
- § 1087eeCancellation of loans for certain public service
- § 1226aContingent extension of programs
- § 1087ccAgreements with institutions of higher education
- § 1087bbAllocation of funds
- § 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
- § 3078Interest payment program
- § 16301Education loan repayment program: members of Selected Reserve
- § 2174Interest payment program: members on active duty
- § 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 117-263James M. Inhofe National Defense Authorization Act for Fiscal Year 2023
- Public Law 117-328Consolidated Appropriations Act, 2023
- Public Law 116-94Further Consolidated Appropriations Act, 2020
- Public Law 117-103Consolidated Appropriations Act, 2022
- Public Law 115-245Department of Defense and Labor, Health and Human Services, and Education Appropriations Act, 2019 and Continuing Appropriations Act, 2019
- Public Law 116-259National Oceanic and Atmospheric Administration Commissioned Officer Corps Amendments Act of 2020
- Public Law 114-105Federal Perkins Loan Program Extension Act of 2015
statutes-at-large
- Public Law 93–22
- Public Law 97–12Making supplemental and further continuing appropriations for the fiscal year ending September 30, 1981, rescinding certain budget authority, and for other purposes
- Public Law 110–315To amend and extend the Higher Education Act of 1965, and for other purposes
- Public Law 95–480Making appropriations for the Departments of Labor, and Health, Education, and Welfare, and related agencies, for the fiscal year ending September 30, 1979, 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 99–145To authorize appropriations for military functions of the Department of Defense and to prescribe military personnel levels for the Department of Defense for fiscal year 1986, to revise and improve military compensation programs, to improve defense procurement procedures, to authorize appropriations
- 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
- Public Law 96–49To extend certain programs under the Higher Education Act of 1965 for one year, and fur other purposes
- Public Law 115–245Making consolidated appropriations for the Departments of Defense, Labor, Health and Human Services, and Education, and Related Agencies for the fiscal year ending September 30, 2019, and for other purposes
- Public Law 108–293An Act to authorize appropriations for the Coast Guard for fiscal year 2005, to amend various laws administered by the Coast Guard, and for other purposes
- Public Law 99–498To reauthorize and revise the Higher Education Act of 1965, and for other purposes
- Public Law 97–35To provide for reconciliation pursuant to section 301 of the first concurrent resolution on the budget for the fiscal year 1982
- Public Law 117–263To authorize appropriations for fiscal year 2023 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes
- Public Law 107–314To authorize appropriations for fiscal year 2003 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, and for other purposes
- Public Law 117–103Making consolidated appropriations for the fiscal year ending September 30, 2022, and for providing emergency assistance for the situation in Ukraine, and for other purposes
- Public Law 97–301To require a separate family contribution schedule for Pell Grants for academic years 1983–1984 and 1984–1985, to establish restrictions upon the contents of such schedule, and for other purposes
register
- Presidential DocumentsIntroduction to the Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions
- NoticesNotice of the 2011-2012 award year deadline dates for the campus-based programs
- NoticesDEPARTMENT OF EDUCATION
- NoticesNotice of a new matching program
- NoticesNotice of deadline dates for request and supporting documents for funding or waivers for the remainder of the 2001-2002 award year
- NoticesNotice of the closing date for institutions to file an Application for Approval to Participate in Federal Student Financial Aid Programs for the 2003-2004 award year; to participate in the Federal Perkins Loan, Federal Work-Study, and Federal Supplemental Educational Opportunity Grant programs (known collectively as the campus-based programs)
- NoticesNotice of the 2010-2011 award year deadline dates for the campus-based programs
- Proposed RulesProposed rule; request for public comment
- NoticesNotice of the 2004-2005 award year deadline dates for the campus-based programs
- NoticesNotice of the 2005-2006 award year deadline dates for the campus-based programs
statute-compilations
- Sec. 461APPROPRIATIONS AUTHORIZED
- Sec. 2EXTENSION OF FEDERAL PERKINS LOAN PROGRAM
- Sec. 542### (a)
- Sec. 11239MODIFICATION TO EDUCATION LOAN REPAYMENT PROGRAM
- Sec. 308Funds appropriated in this Act under the heading “Student Aid Administration” may be available for payments for student loan servicing to an institution of higher education that services outstanding Federal Perkins Loans under part E of title IV of the Higher Education Act of 1965 (20 U.S.C. 1087aa et seq.).
- Sec. 440small remote incinerators
- Sec. 307Funds appropriated in this Act under the heading “Student Aid Administration” may be available for payments for student loan servicing to an institution of higher education that services outstanding Federal Perkins Loans under part E of title IV of the Higher Education Act of 1965 (20 U.S.C. 1087aa et seq.).
Traces to 7 documents
U.S. Code
public-private-law
29 references not yet in our index
- Pub. L. 89–329, title IV, § 461
- Pub. L. 99–498, title IV, § 405(a)
- 100 Stat. 1439
- Pub. L. 102–325, title IV, § 461(a)(2)
- 106 Stat. 576
- Pub. L. 105–244, title IV, § 461
- 112 Stat. 1720
- Pub. L. 110–315, title IV, § 461
- 122 Stat. 3265
- 129 Stat. 2219
- Pub. L. 92–318, title I, § 137(b)
- 86 Stat. 273
- Pub. L. 94–482, title I, § 130(a)
- 90 Stat. 2146
- Pub. L. 96–49, § 5(d)(1)
- 93 Stat. 352
- Pub. L. 96–374, title IV, § 441
- 94 Stat. 1436
- Pub. L. 99–498
- section 461 of Pub. L. 89–329
- Pub. L. 110–315, § 461(1)
- Pub. L. 110–315, § 461(2)
- Pub. L. 105–244, § 461(1)
- Pub. L. 105–244, § 461(2)
- Pub. L. 102–325, § 461(a)(2)
- Pub. L. 102–325, § 461(c)
- Pub. L. 105–244
- section 3 of Pub. L. 105–244
- 129 Stat. 2220
Citation graph
cites case law
§ 1087aa
Appropriations authorized
Bills×112
Stat.×37
Fed. Reg.×20
U.S.C.×19
Stat. Comp.×13
Pub. L.×11
C.F.R.×3
Pub. L.Pub. L. 89–329, title IV, § 461
Pub. L.Pub. L. 99–498, title IV, § 405(a)
Stat.100 Stat. 1439
Pub. L.Pub. L. 102–325, title IV, § 461(a)(2)
Stat.106 Stat. 576
Cites 36 · showing 12Cited by 215 across 7 sources