20 U.S.C. § 1019c | Loan information to be disclosed and model disclosure form for institutions participating in the William D. Ford Federal Direct Loan Program

(a)

Provision of disclosures to institutions by the Secretary

section 1019b(a)(2)(B) of this title section 1019(3)(A) of this titleNot later than 180 days after the development of the model disclosure form under , the Secretary shall provide each institution of higher education participating in the William D. Ford Direct Loan Program under part D of subchapter IV with a completed model disclosure form including the same information for Federal Direct Stafford Loans, Federal Direct Unsubsidized Stafford Loans, and Federal Direct PLUS loans made to, or on behalf of, students attending each such institution as is required on such form for loans described in .

(b)

Duties of institutions

(1)

In general

Each institution of higher education participating in the William D. Ford Direct Loan Program under part D of subchapter IV shall—

(A)

make the information the Secretary provides to the institution under subsection (a) available to students attending or planning to attend the institution, or the families of such students, as applicable; and

(B)

if the institution provides information regarding a private education loan to a prospective borrower, concurrently provide such borrower with the information the Secretary provides to the institution under subsection (a).

(2)

Choice of forms

section 1019b(a)(2)(B) of this titleIn providing the information required under paragraph (1), an institution of higher education may use a comparable form designed by the institution instead of the model disclosure form developed under .

Pub. L. 89–329, title I, § 154 Pub. L. 110–315, title I, § 120Aug. 14, 2008122 Stat. 3125 (, as added , , .)