{"data":{"id":"us/34-cfr-681.54","jurisdiction":"us","citation":"34 CFR 681.54","heading":"Payment of refunds by schools.","body":"A participating school must pay that portion of a refund that is allocable to a HEAL loan directly to the original lender (or to a subsequent holder of the loan note, if the school has knowledge of the holder's identity). At the same time, the school must provide to the borrower written notice that it is doing so.","path":["Title 34—Education","Subtitle B—Regulations of the Offices of the Department of Education","CHAPTER VI—OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION","PART 681—HEALTH EDUCATION ASSISTANCE LOAN PROGRAM","Subpart E—The School"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-34.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:40Z","sha256":"acbc79d6bed26478cfd399d069aa963dccafae91a35203132c981a5042879f4f","source_id":"us-cfr","stale":true,"prev":"us/34-cfr-681.53","next":"us/34-cfr-681.55"},"notice":"GroundRules: Original legal text. Not legal advice."}