 
      CHAPTER 28--HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE
 
                    SUBCHAPTER IV--STUDENT ASSISTANCE
 
   Part F--General Provisions Relating to Student Assistance Programs
 
Sec. 1092c. Simplification of lending process for borrowers


(a) All like loans treated as one

    To the extent practicable, and with the cooperation of the borrower, 
eligible lenders shall treat all loans made to a borrower under the same 
section of part B of this subchapter as one loan and shall submit one 
bill to the borrower for the repayment of all such loans for the monthly 
or other similar period of repayment. Any deferments on one such loan 
will be considered a deferment on the total amount of all such loans.

(b) One lender, one guaranty agency

    To the extent practicable, and with the cooperation of the borrower, 
the guaranty agency shall ensure that a borrower only have one lender, 
one holder, one guaranty agency, and one servicer with which to maintain 
contact.

(Pub. L. 89-329, title IV, Sec. 485C, as added Pub. L. 102-325, title 
IV, Sec. 488, July 23, 1992, 106 Stat. 624.)
