97-12197. William D. Ford Federal Direct Loan Program

[Federal Register Volume 62, Number 90 (Friday, May 9, 1997)]
[Rules and Regulations]
[Page 25515]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-12197]



[[Page 25515]]

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DEPARTMENT OF EDUCATION

34 CFR Part 685

RIN 1840-AC19


William D. Ford Federal Direct Loan Program

AGENCY: Department of Education.

ACTION: Final regulations; Correction.

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SUMMARY: This document corrects an omission in the final regulations 
for the William D. Ford Federal Direct Loan Program published in the 
Federal Register on June 19, 1996 (61 FR 31358).

EFFECTIVE DATE: July 1, 1996.

FOR FURTHER INFORMATION CONTACT: Ms. Rachel Edelstein, Program 
Specialist, Direct Loan Policy, Policy Development Division, U.S. 
Department of Education, Room 3045, ROB-3, 600 Independence Avenue, 
SW., Washington, DC 20202-5400. Telephone: [phone]. Individuals 
who use a telecommunications device for the deaf (TDD) may call the 
Federal Information Relay Service (FIRS) at 1-800-877-8339 between 8 
a.m. and 8 p.m., Eastern time, Monday through Friday.

SUPPLEMENTARY INFORMATION: As published, the final regulations amending 
Sec. 685.208(f)(2) inadvertently omitted the existing text of 
paragraphs (f)(2) (i) and (ii). This correction is necessary to add the 
missing text.

List of Subjects in 34 CFR Part 685

    Administrative practice and procedure, Colleges and universities, 
Education, Loan programs-education, Reporting and recordkeeping 
requirements, Student aid, Vocational education.

    Dated: April 28, 1997.
David A. Longanecker,
Assistant Secretary for Postsecondary Education.

    Accordingly, 34 CFR part 685 is corrected by making the following 
correcting amendments:

PART 685--WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM

    1. The authority citation for part 685 continues to read as 
follows:

    Authority: 20 U.S.C. 1087a et seq., unless otherwise noted.


Sec. 685.208  [Corrected]

    2. Section 685.208(f)(2) is amended by adding paragraphs (f)(2) (i) 
and (ii) to read as follows:


Sec. 685.208  Repayment plans.

* * * * *
    (f) * * *
    (2) * * *
    (i) The Secretary amends the regulations relating to a borrower's 
monthly repayment amount under the income contingent repayment plan; 
and
    (ii) The borrower submits a written request that the amended 
regulations apply to the repayment of the borrower's Direct Loans.
* * * * *
[FR Doc. 97-12197 Filed 5-8-97; 8:45 am]
BILLING CODE 4000-01-P