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Federal regulations · Through 2026-08-25 · Newer source version available

34 CFR 674.62: No cancellation for prior service—no repayment refunded.

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Where this section sits in the code
  1. Title 34—Education
  2. Subtitle B—Regulations of the Offices of the Department of Education
  3. CHAPTER VI—OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION
  4. PART 674—FEDERAL PERKINS LOAN PROGRAM
  5. Subpart D—Loan Cancellation

(a) No portion of a loan may be cancelled for teaching. Head Start, volunteer or military service if the borrower's service is performed—

(1) During the same period that he or she received the loan; or

(2) Before the date the loan was disbursed to the borrower.

(b) The institution shall not refund a repayment made during a period for which the borrower qualified for a cancellation unless the borrower made the payment due to an institutional error.

Collected 2026-08-27T02:25:40Z. Source file · JSON

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