Title 20, EducationRelease 119-102
§1076 Sources of Funds
Title 20 › CHAPTER 28 — HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE › SUBCHAPTER IV — STUDENT ASSISTANCE › Part B — Federal Family Education Loan Program › § 1076
Summary
The Secretary must insure eligible lenders' loans under this part, from their own funds or trust funds.
Full Legal Text
Title 20, §1076
Education, Source: USLM XML via OLRC
Loans made by eligible lenders in accordance with this part shall be insurable by the Secretary whether made from funds fully owned by the lender or from funds held by the lender in a trust or similar capacity and available for such loans.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Prior Provisions
A prior section 1076, Pub. L. 89–329, title IV, § 426, Nov. 8, 1965, 79 Stat. 1238; Pub. L. 94–482, title I, § 127(a), Oct. 12, 1976, 90 Stat. 2106; Pub. L. 96–374, title XIII, § 1391(a)(1), Oct. 3, 1980, 94 Stat. 1503, related to insurability of loans made from funds owned by lender or held by lender in trust, prior to the general revision of this part by Pub. L. 99–498.
Reference
Citations & Metadata
Citation
20 U.S.C. § 1076
Title 20, Education
Last Updated
Aug 21, 2026
Release point: 119-102