TEMPORARY AUTHORITY.

SEC. 501. TEMPORARY AUTHORITY. (a) Temporary Authority.—Notwithstanding any other provision of law, the Secretary of Education is authorized to delay the origination and disbursement of Federal Direct Stafford loans made to undergraduate students under part D of the Higher Education Act of 1965 (20 U.S.C. 1087a et seq.) until the date of enactment of the MAP-21, except that the Secretary may only delay the origination and disbursement of such loans until July 6, 2012. (b) Special Rule Does Not Apply.—Subsection (a) shall not be subject to the special rule in section 1(c) of this Act.