{"data":{"id":"us/34-cfr-601.20","jurisdiction":"us","citation":"34 CFR 601.20","heading":"Annual report.","body":"Each covered institution, and each institution-affiliated organization of such covered institution, that participates in a preferred lender arrangement, must—\n(a) Prepare and submit to the Secretary an annual report, by a date determined by the Secretary, that includes, for each lender that participates in a preferred lender arrangement with such covered institution or organization—\n(1) The information described in § 601.10(c); and\n(2) A detailed explanation of why such covered institution or institution-affiliated organization participates in a preferred lender arrangement with the lender, including why the terms, conditions, and provisions of each type of education loan provided pursuant to the preferred lender arrangement are beneficial for students attending such institution, or the families of such students, as applicable; and\n(b) Ensure that the report required under this section is made available to the public and provided to students attending or planning to attend such covered institution and the families of such students.","path":["Title 34—Education","Subtitle B—Regulations of the Offices of the Department of Education","CHAPTER VI—OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION","PART 601—INSTITUTION AND LENDER REQUIREMENTS RELATING TO EDUCATION LOANS","Subpart C—Responsibilities of Covered Institutions and Institution-Affiliated Organizations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-34.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:40Z","sha256":"7348edc56bb34d67df77a933e25be064659aa258a897edee00422a2fc2e6bbdc","source_id":"us-cfr","stale":true,"prev":"us/34-cfr-601.12","next":"us/34-cfr-601.21"},"notice":"GroundRules: Original legal text. Not legal advice."}