§ 1-127. Information regarding education loans
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 P.S. EducationEffective: December 24, 2018
Effective: December 24, 2018
24 P.S. § 1-127
§ 1-127. Information regarding education loans
(a) An institution of higher education that receives Federal education loan information or other student loan information regarding a student enrolled at the institution of higher education shall provide the following to the student on an annual basis at a time determined by the school, but no later than July 1 each year:
(2) Subject to subsection (b), an estimate of the total payoff amount of the Federal education loans or other student loans which are disbursed by the institution of higher education incurred by the student enrolled at the institution of higher education, if the loans were to go into repayment as of the date of the annual notification under this subsection.
(f) An institution of higher education that contracts with a student loan servicer, including the Pennsylvania Higher Education Assistance Agency, to provide the information required under subsection (a) to its students in the manner required under subsection (e) shall be deemed to have complied with the provisions of this section.
“Institution of higher education.” As defined in section 118(c).1
“Student.” As defined in section 118(c).
Credits
1949, March 10, P.L. 30, No. 14, art. I, § 127, added 2018, Oct. 24, P.L. 740, No. 121, § 1, effective in 60 days [Dec. 24, 2018].
Footnotes
24 P.S. § 1-118.
24 P.S. § 1-127, PA ST 24 P.S. § 1-127
Current through the end of the 2023 Regular Session. Some statute sections may be more current, see credits for details.
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