20 U.S.C. 1087dd: Terms of loans

2020

• Pub. L. 116–259, §202(b)(2)(A), substituted "Armed Forces and NOAA Commissioned Officer Corps student loan interest payment programs" for "Armed Forces student loan interest payment program" in heading. (National Oceanic and Atmospheric Administration Commissioned Officer Corps Amendments Act of 2020) Law text · (j)
• Pub. L. 116–259, §202(b)(2)(B), inserted "or section 3078 of title 33" after "section 2174 of title 10" and "or an officer in the commissioned officer corps of the National Oceanic and Atmospheric Administration, respectively" after "Armed Forces". (National Oceanic and Atmospheric Administration Commissioned Officer Corps Amendments Act of 2020) Law text · (j)

2018

• Pub. L. 115–245 added cl. (vi). (Department of Defense and Labor, Health and Human Services, and Education Appropriations Act, 2019 and Continuing Appropriations Act, 2019) Law text · (c)

2009

• Pub. L. 111–39, §405(4)(A), substituted "(i)" for "(I)" and "(ii)" for "(II)" in par. (1)(D) and realigned margins in par. (2)(A)(iii). Law text · (c)
• Pub. L. 111–39, §405(4)(B), substituted "consumer reporting agencies" for "credit bureaus". Law text · (g)

2008

• Pub. L. 110–315, §464(a)(1), substituted "$5,500" for "$4,000" in cl. (i) and "$8,000" for "$6,000" in cl. (ii). (Higher Education Opportunity Act) Law text · (a)
• Pub. L. 110–315, §464(a)(2), substituted "$60,000" for "$40,000" in cl. (i), "$27,500" for "$20,000" in cl. (ii), and "$11,000" for "$8,000" in cl. (iii). (Higher Education Opportunity Act) Law text · (a)
• Pub. L. 110–315, §464(b)(1)(A), substituted "cancelled—" and cls. (i) to (iv) for "canceled upon the death of the borrower, or if he becomes permanently and totally disabled as determined in accordance with regulations of the Secretary;". (Higher Education Opportunity Act) Law text · (c)
• Pub. L. 110–315, §432(b)(7)(A), substituted "consumer reporting agencies" for "credit bureau organizations". (Higher Education Opportunity Act) Law text · (c)
• Pub. L. 110–315, §464(c)(1), substituted ", as documented in accordance with paragraph (2)," for ", upon written request," in introductory provisions, designated existing text as par. (1), redesignated former pars. (1) to (3) as subpars. (A) to (C), respectively, and added par. (2). (Higher Education Opportunity Act) Law text · (e)
• Pub. L. 110–315, §§432(b)(7)(B), 464(c)(2), substituted "9 on-time" for "12 ontime" and "consumer" for "credit bureau organization or credit". (Higher Education Opportunity Act) Law text · (h)
• Pub. L. 110–315, §464(c)(3), substituted "subsection (e)(1)(C)" for "subsection (e)(3)". (Higher Education Opportunity Act) Law text · (j)
• Pub. L. 110–315, §464(b)(1)(B), added subsec. (k). (Higher Education Opportunity Act) Law text · (k)

2007

• Pub. L. 110–84 struck out "not in excess of 3 years" before "during" in introductory provisions, substituted comma for semicolon at end of subcl. (II), and inserted concluding provisions. (College Cost Reduction and Access Act) Law text · (c)

2006

• Pub. L. 109–171 added cl. (iii) and redesignated former cls. (iii) and (iv) as (iv) and (v), respectively. (Deficit Reduction Act of 2005) Law text · (c), (d), (e), (f), (g), (h), (i), (j), (k), (l), (m), (n), (o), (p), (q), (r), (s), (t), (u), (v)

2002

• Pub. L. 107–314, §651(d)(1), added par. (3). (Bob Stump National Defense Authorization Act for Fiscal Year 2003) Law text · (e)
• Pub. L. 107–314, §651(d)(2), added subsec. (j). (Bob Stump National Defense Authorization Act for Fiscal Year 2003) Law text · (j)

1998

• Pub. L. 105–244, §464(a), amended par. (2) generally. Prior to amendment, par. (2) related to limitations on the total of loans that could be made to a student by an institution of higher education from a loan fund established pursuant to an agreement under this part. (Higher Education Amendments of 1998) Law text · (a)
• Pub. L. 105–244, §464(b)(1), inserted at end "A student who is in default on a loan under this part shall not be eligible for an additional loan under this part unless such loan meets one of the conditions for exclusion under section 1087bb(g)(1)(E) of this title." (Higher Education Amendments of 1998) Law text · (b)
• Pub. L. 105–244, §464(b)(2), amended par. (2) generally. Prior to amendment, par. (2) read as follows: "If the institution's capital contribution under section 1087bb of this title is directly or indirectly based in part on the financial need demonstrated by students who are (A) att… (Higher Education Amendments of 1998) Law text · (b)
• Pub. L. 105–244, §464(c)(1), struck out "(i) 3 percent per year, (ii) 4 percent per year in the case of any loan made on or after July 1, 1981, or (iii)" after "at the rate of" and substituted "paragraph (2)(A)(i)" for "subparagraph (A)(i)". (Higher Education Amendments of 1998) Law text · (c)
• Pub. L. 105–244, §464(c)(2), substituted "subparagraph (A) of paragraph (1)" for "subparagraph (B)" in concluding provisions. (Higher Education Amendments of 1998) Law text · (c)
• Pub. L. 105–244, §464(c)(3), added subpar. (C). (Higher Education Amendments of 1998) Law text · (c)
• Pub. L. 105–244, §464(c)(4), added par. (7). (Higher Education Amendments of 1998) Law text · (c)
• Pub. L. 105–244, §464(d), added subsecs. (g) to (i). (Higher Education Amendments of 1998) Law text · (g), (h), (i)

1993

• Pub. L. 103–208, §2(f)(9), substituted "repayment of" for "repayment or". · (c)
• Pub. L. 103–208, §2(f)(10), substituted "Fulbright" for "Fullbright". · (c)
• Pub. L. 103–208, §2(f)(11), substituted "principal" for "principle" before "only". · (e)

1992

• Pub. L. 102–325, §464(a), amended par. (2) generally. Prior to amendment, par. (2) read as follows: "The aggregate of the loans for all years made by institutions of higher education from loan funds established pursuant to agreements under this part may not exceed— · (a)
• Pub. L. 102–325, §464(b), added par. (4). · (a)
• Pub. L. 102–325, §464(c)(1), substituted "this subchapter, who meets the requirements of section 1091 of this title, and who provides the institution with the student's drivers license number, if any, at the time of application for the loan" for "this subchapter and who meets the re… · (b)
• Pub. L. 102–325, §464(c)(2), amended par. (2) generally. Prior to amendment, par. (2) read as follows: "If the institution's Federal capital contribution under section 1087bb of this title is directly or indirectly based in part on the financial need demonstrated by students attendi… · (b)
• Pub. L. 102–325, §464(d), substituted "$40" for "$30" in two places. · (c)
• Pub. L. 102–325, §464(e), struck out "unless the borrower is a minor and the note or other evidence of obligation executed by him would not, under applicable law, create a binding obligation," before "shall provide". · (c)
• Pub. L. 102–325, §464(f), amended subpar. (A) generally, revising and restating as cls. (i) to (iv) provisions formerly contained in cls. (i) to (ix). · (c)
• Pub. L. 102–325, §464(g)(1), added subpar. (B) and struck out former subpars. (B) and (C) which read as follows: · (c), (C)
• Pub. L. 102–325, §464(g)(2)–(4), added par. (4), redesignated former par. (4) as (5), and added par. (6). · (c)
• Pub. L. 102–325, §464(h), added subsecs. (e) and (f). · (e), (f)

1989

• Pub. L. 101–239 inserted before semicolon at end ", except that no borrower shall be eligible for a deferment under this clause, or a loan made under this part (other than a loan made under section 1078–2 or 1078–3 of this title), while serving in a medical internship or resid… · (c)

1988

• Pub. L. 100–369 substituted "Internal Revenue Code of 1986" for "Internal Revenue Code of 1954", which for purposes of codification was translated as "title 26" thus requiring no change in text. · (c)

1987

• Pub. L. 100–50 inserted "or serving in an internship or residency program leading to a degree or certificate awarded by an institution of higher education, a hospital, or a health care facility that offers postgraduate training" before semicolon at end. · (c)