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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>355267</law_id><section_number>23.1-233.1</section_number><catch_line>Qualified education loans; certain providers; contact information and summary</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="62" identifier="23.1">Institutions of Higher Education; Other Educational and Cultural Institutions</unit><unit label="subtitle" level="2" order_by="1" identifier="I">General Provisions</unit><unit label="chapter" level="3" order_by="2" identifier="2">State Council of Higher Education for Virginia</unit><unit label="article" level="4" order_by="5" identifier="4">Office of the Qualified Education Loan Ombudsman</unit></structure><text>
						<section><p>Any provider of private education loans, as defined in 12 C.F.R. &#xA7;&#xA0;1026.46(b)(5), shall disclose to any student attending an institution of higher education in the Commonwealth, prior to issuing a <span class="dictionary">qualified education loan</span> to such student, the contact information for the Office of the <span class="dictionary">Qualified Education Loan</span> Ombudsman and a summary of the student loan information applicable to private education loans that may be found on the <span class="dictionary">Council</span>&#x2019;s website. Any such disclosure may be made in conjunction with or incorporated into another disclosure to such student prior to issuing the <span class="dictionary">qualified education loan</span>. The summary shall be developed by the Office of the <span class="dictionary">Qualified Education Loan</span> Ombudsman in consultation with relevant stakeholders.</p></section></text><history>2020, c. 436.</history><metadata></metadata></law>
