California Statutes
§ 94829. — 94829. (Amended by Stats. 2014, Ch. 840, Sec. 6.)
California § 94829.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.10.
Title 3.DIVISION 10. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS
Part 59.PART 59. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS
Ch. 8.CHAPTER 8. Private Postsecondary Institutions
Art. 3.ARTICLE 3. Definitions
This text of California § 94829. (94829. (Amended by Stats. 2014, Ch. 840, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Education Code - EDC Code § 94829. (2026).
Text
“Default” means failure of a borrower and endorser, if any, to make an installment payment for a loan received under the federal student financial aid programs when due, or to meet other terms of the promissory note, provided that this failure persists for 270 days if payment is due monthly or 360 days if payment is due less frequently. For purposes of this section, “endorser” means an individual who signs a promissory note and agrees to repay the loan in the event that the borrower does not.
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Legislative History
Amended by Stats. 2014, Ch. 840, Sec. 6. (SB 1247) Effective January 1, 2015. Repealed as of January 1, 2027, pursuant to Section 94950.
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Bluebook (online)
California § 94829., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/94829..