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Earlier editions: 2020-112018-112026-09

TITLE 3. POSTSECONDARY EDUCATION 66000-101460›DIVISION 10. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS 94000-95010›PART 59. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS 94000-95010›CHAPTER 8. Private Postsecondary Institutions 94800-94950›ARTICLE 12. Consumer Loans to Students 94916-94918.5

§ 94916

California Education Code · 2026-10 edition · updated 2026-10-04 · California

An institution extending credit or lending money to an individual for institutional and noninstitutional charges for an educational program shall cause any note, instrument, or other evidence of indebtedness taken in connection with that extension of credit or loan to be conspicuously marked on its face in at least 12-point type with the following notice:

“NOTICE”

“You may assert against the holder of the promissory note you signed in order to finance the cost of the educational program all of the claims and defenses that you could assert against this institution, up to the amount you have already paid under the promissory note.”

(Amended by Stats. 2014, Ch. 840, Sec. 27. (SB 1247) Effective January 1, 2015. Repealed as of January 1, 2027, pursuant to Section 94950.)

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California Education Code

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