Section 69767 Of Article 13. Federal Family Education Loan Program From California Education Code >> Division 5. >> Title 3. >> Part 42. >> Chapter 2. >> Article 13.

. The Treasurer shall invest, pursuant to statute, any surplus money in the Federal Student Loan Reserve Fund and the Student Loan Operating Fund. The interest or other accretions as a result of the investment of this money shall be deposited in the originating fund, and may be expended for those purposes authorized in this article or the Higher Education Act of 1965.