Pub. L. 109-163, div. A, tit. V, subtit. C, pt. IV, sec. 537

ENHANCEMENT OF EDUCATIONAL LOAN REPAYMENT AUTHORITIES.

EnactedYear: 2006Length: 169 wordsOfficial source
SEC. 537. ENHANCEMENT OF EDUCATIONAL LOAN REPAYMENT AUTHORITIES.(a) Additional Loans Eligible for Repayment.—Paragraph (1) of section 2171(a) of title 10, United States Code, is amended—(1) in subparagraph (B), by striking “or” at the end;(2) in subparagraph (C), by striking the period at the end and inserting “; or”; and(3) by inserting after subparagraph (C) the following new subparagraph:“(D) any loan incurred for educational purposes made by a lender that is—“(i) an agency or instrumentality of a State;“(ii) a financial or credit institution (including an insurance company) that is subject to examination and supervision by an agency of the United States or any State;“(iii) a pension fund approved by the Secretary for purposes of this section; or“(iv) a non-profit private entity designated by a State, regulated by such State, and approved by the Secretary for purposes of this section.”.(b) Eligibility of Officers.—Paragraph (2) of such section is amended by striking “an enlisted member in a military specialty” and inserting “a member in an officer program or military specialty”.119 STAT. 3250
Pub. L. 109-163, div. A, tit. V, subtit. C, pt. IV, sec. 537: ENHANCEMENT OF EDUCATIONAL LOAN REPAYMENT AUTHORITIES. | Justis AI