Title 20EducationRelease 119-73

§1084 Participation by Federal credit unions in Federal, State, and private student loan insurance programs

Title 20 › Chapter CHAPTER 28— - HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE › Subchapter SUBCHAPTER IV— - STUDENT ASSISTANCE › Part Part B— - Federal Family Education Loan Program › § 1084

Last updated Apr 6, 2026|Official source

Summary

Federal credit unions can make insured loans to student members under rules from the National Credit Union Administration. These loans may follow the federal insured-loan rules or a State or nonprofit private student loan insurance program that meets the requirements of section 1078(a)(1)(B).

Full Legal Text

Title 20, §1084

Education — Source: USLM XML via OLRC

Notwithstanding any other provision of law, Federal credit unions shall, pursuant to regulations of the National Credit Union Administration, have power to make insured loans to student members in accordance with the provisions of this part relating to federally insured loans, or in accordance with the provisions of any State or nonprofit private student loan insurance program which meets the requirements of section 1078(a)(1)(B) of this title.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

A prior section 1084, Pub. L. 89–329, title IV, § 434, Nov. 8, 1965, 79 Stat. 1247; Pub. L. 90–575, title I, § 116(b)(4), Oct. 16, 1968, 82 Stat. 1024; Pub. L. 91–206, § 6, Mar. 10, 1970, 84 Stat. 51; Pub. L. 92–318, title I, § 132D(e), June 23, 1972, 86 Stat. 264; Pub. L. 94–482, title I, § 127(a), Oct. 12, 1976, 90 Stat. 2129; Pub. L. 95–630, title V, § 502(a), Nov. 10, 1978, 92 Stat. 3681, related to participation by Federal credit unions in Federal, State, and private student loan insurance programs, prior to the general revision of this part by Pub. L. 99–498.

Reference

Citations & Metadata

Citation

20 U.S.C. § 1084

Title 20Education

Last Updated

Apr 6, 2026

Release point: 119-73