### Question
How is the "guaranty agency" defined?


### Answer
The term **guaranty agency** is defined in *20 U.S.C. § 1085* as follows -

> any State or nonprofit private institution or organization with which the Secretary has an agreement under section 1078(b) of this title

#### Citation:
  - *20 U.S.C. § 1085*
  - Heading: **CHAPTER 28-HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE > SUBCHAPTER IV-STUDENT ASSISTANCE > Part B-Federal Family Education Loan Program**

