Title 20 — EducationRelease 119-73

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

Title 20 › Chapter CHAPTER 28— - HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE › Subchapter SUBCHAPTER I— - GENERAL PROVISIONS › Part Part E— - Lender and Institution Requirements Relating to Education Loans › § 1019c

Last updated Apr 6, 2026|Official source

Summary

Within 180 days after a model disclosure form is created, the Education Department must give every college in the William D. Ford Direct Loan Program a filled-in version for that school. The form must include the same information for Federal Direct Stafford Loans, Federal Direct Unsubsidized Stafford Loans, and Federal Direct PLUS loans made to or for students at that college. Each college must share that information with students or their families. If a college gives a student information about a private education loan, it must give the department’s loan information to that student at the same time. A school may use its own similar form instead of the model form.

Full Legal Text

Title 20, §1019c

Education — Source: USLM XML via OLRC

(a)Not later than 180 days after the development of the model disclosure form under section 1019b(a)(2)(B) of this title, the Secretary shall provide each institution of higher education participating in the William D. Ford Direct Loan Program under part D of subchapter IV with a completed model disclosure form including the same information for Federal Direct Stafford Loans, Federal Direct Unsubsidized Stafford Loans, and Federal Direct PLUS loans made to, or on behalf of, students attending each such institution as is required on such form for loans described in section 1019(3)(A) of this title.

(b)(1)Each institution of higher education participating in the William D. Ford Direct Loan Program under part D of subchapter IV shall—

(A)make the information the Secretary provides to the institution under subsection (a) available to students attending or planning to attend the institution, or the families of such students, as applicable; and

(B)if the institution provides information regarding a private education loan to a prospective borrower, concurrently provide such borrower with the information the Secretary provides to the institution under subsection (a).

(2)In providing the information required under paragraph (1), an institution of higher education may use a comparable form designed by the institution instead of the model disclosure form developed under section 1019b(a)(2)(B) of this title.

Reference

Citations & Metadata

Citation

20 U.S.C. § 1019c

Title 20 — Education

Last Updated

Apr 6, 2026

Release point: 119-73