For reason for this part, people financing and all of refinancings of these mortgage are going to be addressed as the step 1 mortgage
Subsec. (f)(1)(B). Pub. L. 115–97, § 11002(d)(1)(U), substituted “to possess ‘calendar year 2016′ during the subparagraph (A)(ii)” having “to own ‘calendar year 1992′ inside the subparagraph (B)”.
2014-Subsec. (b)(1). Club. L. 113–295 replaced “shall not exceed $dos,five hundred.” to own “will maybe not meet or exceed the total amount calculated in accordance with the pursuing the table:” and you will table out of number getting nonexempt decades 1998 to 2001 and after that.
L. 105–277, § 4003(a)(3), joined prior to several months from the end “or to individuals because of the need of that loan around any licensed company bundle (just like the laid out inside the section 72(p)(4)) otherwise around people package regarded inside point 72(p)(5)”
Subsec. (d)(4). Club. L. 108–311, § 207(20), entered “(determined without regard to subsections (b)(1), (b)(2), and you can (d)(1)(B) thereof)” shortly after “part 152”.
Subsec. (f)(1). Bar. L. 108–311, § 408(b)(5), revised index language regarding Bar. L. 107–16, § 412(b)(2). Come across 2001 Modification mention below.
Text realize the following: “A deduction is desired less than which part just with respect in order to attract paid off on the one certified student loan into the very first sixty days (even when consecutive) in which appeal repayments are essential
2001-Subsec. (b)(2)(B)(i), (ii). Bar. L. 107–16, § 412(b)(1), amended cls. (i) and you can (ii) generally. In advance of modification, cls. (i) and you may (ii) discover below:
Subsec. (d). Pub. L. 107–16, § 412(a)(1), redesignated subsec. (e) since the (d), and you will hit aside going and text message out of previous subsec. (d). Such as for instance 60 weeks should be determined in the way given by the the fresh Assistant in the case of numerous funds which can be refinanced because of the, or maintained once the, just one mortgage and also in the fact away from finance obtain prior to the newest big date of your enactment of this part.”