### Question
What is the definition of borrower?


### Answer
The definition of **borrower** is as follows in *20 U.S.C. § 1087e*:

> an individual who is a new borrower on the date such individual applies for a loan under this part for which the first disbursement is made on or after July 1, 1993

#### Citation:
  - *20 U.S.C. § 1087e*
  - Heading: **CHAPTER 28-HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE > SUBCHAPTER IV-STUDENT ASSISTANCE > Part C-William D. Ford Federal Direct Loan Program**

