34 C.F.R. 34 CFR--PART 685


Title 34 - Education


Amendment from August 09, 2006

34 CFR--PART 685
View Printed Federal Register page 71 FR 45716 in PDF format.

Amendment(s) published August 9, 2006, in 71 FR 45716


Effective Date(s): September 8, 2006

80. Section 685.301 is amended by revising paragraph (b)(8)(ii) to read as follows:

§ 685.301   Origination of a loan by a Direct Loan Program school.

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(b)  *  *  *

(8)  *  *  *

(ii) Paragraphs (b)(8)(i)(A) and (B) of this section do not apply to any loans originated by the school beginning 30 days after the date the school receives notification from the Secretary of a cohort default rate, calculated under subpart M of 34 CFR part 668, that causes the school to no longer meet the qualifications outlined in paragraph (A) or (B), as applicable.

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