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Current as of January 01, 2026 | Updated by Findlaw Staff
A. A public institution of higher education that receives federal education loan information for a student enrolled in the institution shall provide to the student, at least once during each academic year, the following up-to-date information: (i) an estimate of (a) the student's total amount of federal education loans, (b) the student's total potential loan repayment amount, including principal and interest, for the total amount of federal education loans, and (c) the student's monthly loan repayment amounts for the total amount of federal education loans and (ii) the percentage of the aggregate borrowing limit the student has reached, unless such information is unavailable.
B. No public institution of higher education shall incur liability for providing information to a student in accordance with this section.
Cite this article: FindLaw.com - Virginia Code Title 23.1. Institutions of Higher Education; Other Educational and Cultural Institutions § 23.1-411. Federal student loan information - last updated January 01, 2026 | https://codes.findlaw.com/va/title-23-1-institutions-of-higher-education-other-educational-and-cultural-institutions/va-code-sect-23-1-411/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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