eligible loan

(5) “Eligible loan” defined As used in this section, the term “eligible loan” means a loan— (A) (i) on which a portion of the interest is paid on behalf of the student and for the student’s account to the holder of the loan under section 1078(a) of this title ; (ii) which is made under section 1078–1, 1 1078–2, 1078–3, 1078–8, or 1087–2(o) of this title; or (iii) which was made prior to October 1, 1981 ; and (B) which is insured under this part, or made under a program covered by an agreement under section 1078(b) of this title .

Source

20 USC § 1087-1(b)(5)


Scoping language

As used in this section
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