Validity of loan guarantees for loan payments made before immigration status verification completed
Notwithstanding subsection (h), 1 if—
(1)#
a guaranty is made under this subchapter for a loan made with respect to an individual,
(2)#
at the time the guaranty is entered into, the provisions of subsection (h) 1 had been complied with,
(3)#
amounts are paid under the loan subject to such guaranty, and
(4)#
there is a subsequent determination that, because of an unsatisfactory immigration status, the individual is not eligible for the loan,
the official of the institution making the determination shall notify and instruct the entity making the loan to cease further payments under the loan, but such guaranty shall not be voided or otherwise nullified with respect to such payments made before the date the entity receives the notice.