20 U.S.C. § 1092c — Simplification of lending process for borrowers
submitted 34 years ago by Pub. L. 89-329 to r/title-20-EDUCATION · 123 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
To the extent practicable, and with the cooperation of the borrower, eligible lenders shall treat all loans made to a borrower under the same section of part B as one loan and shall submit one bill to the borrower for the repayment of all such loans for the monthly or other similar period of repayment. Any deferments on one such loan will be considered a deferment on the total amount of all such loans.
To the extent practicable, and with the cooperation of the borrower, the guaranty agency shall ensure that a borrower only have one lender, one holder, one guaranty agency, and one servicer with which to maintain contact.
Source credit: (Pub. L. 89–329, title IV, § 485C, as added Pub. L. 102–325, title IV, § 488, July 23, 1992, 106 Stat. 624.)
- 1992Enacted · Pub. L. 89-329 · 106 Stat. 624
A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-329 on 1992-07-23.
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