20 U.S.C. § 1019c — Loan information to be disclosed and model disclosure form for institutions participating in the William D. Ford Federal Direct Loan Program

(a) Secretary’s disclosures. Within 180 days after developing the model form under section 1019b(a)(2)(B), the Secretary must give each participating Direct Loan institution a completed form containing the required information for Federal Direct Stafford, Unsubsidized Stafford, and PLUS loans made to or for students at that institution. (b) Institutional duties. (1) Each participating institution must (A) make that information available to current and prospective students and their families, as applicable; and (B) if it gives a prospective borrower private-loan information, give the Secretary’s information at the same time. (2) The institution may use a comparable institution-designed form instead of the model form.