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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 34 - Education |
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Subtitle B - Regulations of the Offices of the Department of Education |
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Chapter VI - Office of Postsecondary Education, Department of Education |
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Part 681 - Health Education Assistance Loan Program |
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Subpart C - The Loan |
§ 681.16 - Power of attorney.
Latest version.
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§ 681.16 Power of attorney.
Neither a lender nor a school may obtain a borrower's power of attorney or other authorization to endorse a disbursement check on behalf of a borrower. The borrower must personally endorse the check and may not authorize anyone else to endorse it on his or her behalf.