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Title 20, EducationRelease 119-110

§1083a Consumer Education Information

Title 20 › CHAPTER 28 — HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE › SUBCHAPTER IV — STUDENT ASSISTANCE › Part B — Federal Family Education Loan Program › § 1083a

Last updated Sep 22, 2026|Official source

Summary

Guaranty agencies that take part in this program must work with the colleges they serve to create and share clear, easy-to-understand training and materials for students and families about budgeting, debt management, and other money topics. That includes the cost of using high-interest loans for college and how budgeting connects to the student loan programs under this subchapter. Materials must be given before, during, and after a student’s enrollment. These activities count as default reduction activities under section 1072. This does not stop a guaranty agency from using materials it already has, from offering similar help to a school that makes loans only through part D, or from letting lenders or loan servicers provide outreach or financial aid literacy information as described in subsection (a).

Full Legal Text

Title 20, §1083a

Education, Source: USLM XML via OLRC

(a)In general
Each guaranty agency participating in a program under this part, working with the institutions of higher education served by such guaranty agency, shall develop and make available high-quality educational programs and materials to provide training for students and families in budgeting and financial management, including debt management and other aspects of financial literacy, such as the cost of using high interest loans to pay for postsecondary education, particularly as budgeting and financial management relates to student loan programs authorized by this subchapter. Such programs and materials shall be in formats that are simple and understandable to students and families, and shall be provided before, during, and after the students’ enrollment in an institution of higher education. The activities described in this section shall be considered default reduction activities for the purposes of section 1072 of this title.
(b)Rule of construction
Nothing in this section shall be construed to prohibit—
(1)a guaranty agency from using existing activities, programs, and materials in meeting the requirements of this section;
(2)a guaranty agency from providing programs or materials similar to the programs or materials described in subsection (a) to an institution of higher education that provides loans exclusively through part D; or
(3)a lender or loan servicer from providing outreach or financial aid literacy information in accordance with subsection (a).

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

A prior section 1083a, Pub. L. 89–329, title IV, § 433A, as added Pub. L. 96–374, title IV, § 418, Oct. 3, 1980, 94 Stat. 1423; amended Pub. L. 97–301, § 13(a), Oct. 13, 1982, 96 Stat. 1404; Pub. L. 98–79, § 3(a), Aug. 15, 1983, 97 Stat. 476; Pub. L. 99–272, title XVI, § 16012(c), Apr. 7, 1986, 100 Stat. 340, related to student loan information to be provided by eligible lenders, prior to the general revision of this part by Pub. L. 99–498. See section 1083 of this title.

Reference

Citations & Metadata

Citation

20 U.S.C. § 1083a

Title 20, Education

Last Updated

Sep 22, 2026

Release point: 119-110