---
kind: "section"
citation: "20 U.S.C. § 1076"
title: "20"
title_heading: "Education"
number: "1076"
heading: "Sources of funds"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/20/1076"
units:
  - "Chapter 28 — Higher Education Resources and Student Assistance"
  - "Subchapter IV — Student Assistance"
  - "Part B — Federal Family Education Loan Program"
---

# §1076. Sources of funds


[Loans](/usc/20/1066a.md?p=2) made by [eligible lenders](/usc/20/1019.md?p=4) in accordance with this part shall be insurable by the [Secretary](/usc/20/1003.md?p=17) whether made from funds fully owned by the [lender](/usc/20/1019.md?p=6) or from funds held by the [lender](/usc/20/1019.md?p=6) in a trust or similar capacity and available for such [loans](/usc/20/1066a.md?p=2).


## Source credit

(Pub. L. 89–329, title IV, § 426, as added Pub. L. 99–498, title IV, § 402(a), Oct. 17, 1986, 100 Stat. 1361.)

## Notes

### Editorial Notes

### Prior Provisions

A prior section 1076, Pub. L. 89–329, title IV, § 426, Nov. 8, 1965, 79 Stat. 1238; Pub. L. 94–482, title I, § 127(a), Oct. 12, 1976, 90 Stat. 2106; Pub. L. 96–374, title XIII, § 1391(a)(1), Oct. 3, 1980, 94 Stat. 1503, related to insurability of loans made from funds owned by lender or held by lender in trust, prior to the general revision of this part by Pub. L. 99–498.