General and special sequestration rules

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Title 2—THE CONGRESS > CHAPTER 20—EMERGENCY POWERS TO ELIMINATE BUDGET DEFICITS > SUBCHAPTER I—ELIMINATION OF DEFICITS IN EXCESS OF MAXIMUM DEFICIT AMOUNT

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

(b)

Student loans

For all student loans under part B or D of title IV of the Higher Education Act of 1965 [ 20 U.S.C. 1071 et seq., 1087a et seq.] made during the period when a sequestration order under section 904 of this title is in effect as required by section 902 or 903 of this title, origination fees under sections 438(c)(2) and (6) and 455(c) [ 20 U.S.C. 1087–1(c)(2) , (6), 1087e(c)] and loan processing and issuance fees under section 428(f)(1)(A)(ii) of that Act [ 20 U.S.C. 1078(f)(1)(A)(ii) ] shall each be increased by the uniform percentage specified in that sequestration order, and, for student loans originated during the period of the sequestration, special allowance payments under section 438(b) of that Act [ 20 U.S.C. 1087–1(b) ] accruing during the period of the sequestration shall be reduced by the uniform percentage specified in that sequestration order.

( Pub. L. 99–177, title II, § 256 , Dec. 12, 1985 , 99 Stat. 1086 ; Pub. L. 99–514, § 2 , Oct. 22, 1986 , 100 Stat. 2095 ; Pub. L. 100–86, title V, § 506(b) , Aug. 10, 1987 , 101 Stat. 634 ; Pub. L. 100–119, title I , §§ 102(b)(2), (3), (11), 104(a)(3), (4), Sept. 29, 1987 , 101 Stat. 773 , 775, 776; Pub. L. 101–73, title VII, § 743(b) , Aug. 9, 1989 , 103 Stat. 437 ; Pub. L. 101–508, title XIII, § 13101(d) , Nov. 5, 1990 , 104 Stat. 1388–589 ; Pub. L. 101–509, title V, § 529 [title I, § 101(b)(2)(A), (4)(H)] , Nov. 5, 1990 , 104 Stat. 1427 , 1439, 1440; Pub. L. 104–193, title I, § 110(r)(2) , Aug. 22, 1996 , 110 Stat. 2175 ; Pub. L. 105–33, title X, § 10208(a)(1) , (b)–(g), Aug. 5, 1997 , 111 Stat. 708–710 ; Pub. L. 111–139, title I , §§ 9(b), 10, Feb. 12, 2010 , 124 Stat. 21 ; Pub. L. 111–203, title III, § 352 , July 21, 2010 , 124 Stat. 1546 ; Pub. L. 112–81, div. A, title VI, § 631(f)(4)(B) , Dec. 31, 2011 , 125 Stat. 1465 ; Pub. L. 112–239, div. A, title X, § 1076(a)(9) , Jan. 2, 2013 , 126 Stat. 1948 ; Pub. L. 116–260, div. N, title II, § 235(a) , (c), Dec. 27, 2020 , 134 Stat. 1959 ; Pub. L. 117–168, title VIII, § 805(b) , Aug. 10, 2022 , 136 Stat. 1805 ; Pub. L. 117–263, div. A, title VI, § 626(a) , Dec. 23, 2022 , 136 Stat. 2628 .)

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