Citations — §292e. Certificate of loan insurance; effective date of insurance

Citations to 42 U.S.C. § 292e as a whole

42 U.S.C. § 292a(b)(2)

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(2) In providing certificates of insurance under section 292e of this title through comprehensive contracts, the Secretary shall give priority to eligible lenders that agree—

(A) to make loans to students at interest rates below the rates prevailing, during the period involved, for loans covered by Federal loan insurance pursuant to this subpart; or

(B) to make such loans under terms that are otherwise favorable to the student relative to the terms under which eligible lenders are generally making such loans during such period.
42 U.S.C. § 300t–12(d)

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(d) The records and audits requirements of section 292e¹ of this title shall apply with respect to grants made under subsection (a).

42 U.S.C. § 292f(d)

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(d) Nothing in this section or in this subpart shall be construed to excuse the eligible lender or holder of a federally insured loan from exercising reasonable care and diligence in the making of loans under the provisions of this subpart and from exercising a substantial effort in the collection of loans under the provisions of this subpart. If the Secretary, after reasonable notice and opportunity for hearing to an eligible lender, finds that the lender has failed to exercise such care and diligence, to exercise such substantial efforts, to make the reports and statements required under section 292e(a)(3) of this title, or to pay the required Federal loan insurance premiums, he shall disqualify that lender from obtaining further Federal insurance on loans granted pursuant to this subpart until he is satisfied that its failure has ceased and finds that there is reasonable assurance that the lender will in the future exercise necessary care and diligence, exercise substantial effort, or comply with such requirements, as the case may be.

42 U.S.C. § 292f(e)(1)

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(1) The term “insurance beneficiary” means the insured or its authorized assignee in accordance with section 292e(c) of this title.