Federal Student Loan Reserve Fund

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

This text was captured on Apr 17, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Each guaranty agency shall, not later than 60 days after October 7, 1998 , deposit all funds, securities, and other liquid assets contained in the reserve fund established pursuant to section 1072 of this title into a Federal Student Loan Reserve Fund (in this section and section 1072b of this title referred to as the “Federal Fund”), which shall be an account of a type selected by the agency, with the approval of the Secretary.

( Pub. L. 89–329, title IV, § 422A , as added Pub. L. 105–244, title IV, § 413(a) , Oct. 7, 1998 , 112 Stat. 1674 ; amended Pub. L. 110–315, title IV, § 438(a)(1) , Aug. 14, 2008 , 122 Stat. 3258 .)

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