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Electronic Code of Federal Regulations

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e-CFR Data is current as of November 25, 2014

Title 34Subtitle BChapter VIPart 674


TITLE 34—Education

Subtitle B—REGULATIONS OF THE OFFICES OF THE DEPARTMENT OF EDUCATION (CONTINUED)

CHAPTER VI—OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION

PART 674—FEDERAL PERKINS LOAN PROGRAM

rule

Subpart A—GENERAL PROVISIONS

§674.1
Purpose and identification of common provisions.
§674.2
Definitions.
§§674.3-674.4
[Reserved]
§674.5
Federal Perkins Loan program cohort default rate and penalties.
§§674.6-674.7
[Reserved]
§674.8
Program participation agreement.
§674.9
Student eligibility.
§674.10
Selection of students for loans.
§674.11
[Reserved]
§674.12
Loan maximums.
§674.13
Reimbursement to the Fund.
§§674.14-674.15
[Reserved]
§674.16
Making and disbursing loans.
§674.17
Federal interest in allocated funds—transfer of Fund.
§674.18
Use of funds.
§674.19
Fiscal procedures and records.
§674.20
Compliance with equal credit opportunity requirements.
rule

Subpart B—TERMS OF LOANS

§674.31
Promissory note.
§674.32
Special terms: loans to less than half-time student borrowers.
§674.33
Repayment.
§674.34
Deferment of repayment—Federal Perkins loans, NDSLs and Defense loans.
§674.35
Deferment of repayment—Federal Perkins loans made before July 1, 1993.
§674.36
Deferment of repayment—NDSLs made on or after October 1, 1980, but before July 1, 1993.
§674.37
Deferment of repayment—NDSLs made before October 1, 1980 and Defense loans.
§674.38
Deferment procedures.
§674.39
Loan rehabilitation.
§674.40
Treatment of loan repayments where cancellation, loan repayments, and minimum monthly repayments apply.
rule

Subpart C—DUE DILIGENCE

§674.41
Due diligence—general requirements.
§674.42
Contact with the borrower.
§674.43
Billing procedures.
§674.44
Address searches.
§674.45
Collection procedures.
§674.46
Litigation procedures.
§674.47
Costs chargeable to the Fund.
§674.48
Use of contractors to perform billing and collection or other program activities.
§674.49
Bankruptcy of borrower.
§674.50
Assignment of defaulted loans to the United States.
rule

Subpart D—LOAN CANCELLATION

§674.51
Special definitions.
§674.52
Cancellation procedures.
§674.53
Teacher cancellation—Federal Perkins, NDSL and Defense loans.
§674.54
[Reserved]
§674.55
Teacher cancellation—Defense loans.
§674.56
Employment cancellation—Federal Perkins, NDSL and Defense loans.
§674.57
Cancellation for law enforcement or corrections officer service—Federal Perkins, NDSL, and Defense loans.
§674.58
Cancellation for service in an early childhood education program.
§674.59
Cancellation for military service.
§674.60
Cancellation for volunteer service—Perkins loans, NDSLs and Defense loans.
§674.61
Discharge for death or disability.
§674.62
No cancellation for prior service—no repayment refunded.
§674.63
Reimbursement to institutions for loan cancellation.
§674.64
Discharge of student loan indebtedness for survivors of victims of the September 11, 2001, attacks.
Appendix
Appendixes A-D to Part 674 [Reserved]
Appendix
Appendix E to Part 674—Examples for Computing Maximum Penalty Charges (6 Months Unpaid Overdue Payments) on Direct Loans Made for Periods of Enrollment Before January 1, 1986


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