Part 674 - Federal Perkins Loan Program  


Subpart A - General Provisions
§ 674.1 - Purpose and identification of common provisions.
§ 674.2 - Definitions.
§ 674.5 - Federal Perkins Loan program cohort default rate and penalties.
§ 674.6 - Default reduction plan.
§ 674.7 - Expanded lending option (ELO).
§ 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.
§ 674.16 - 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.
§§ 674.3--674.4 - [Reserved]
§§ 674.14--674.15 - [Reserved]
§§ 674.6--674.7 - [Reserved]
Subpart B - Terms of Loans
§ 674.30 - Severability.
§ 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.
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.
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.
§ 674.65 - Severability.
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
Appendixes A-D to Part 674 - [Reserved]
Appendixes A-D to Part 674 - [Reserved]