34 C.F.R. 34 CFR--PART 668
Title 34 - Education
Effective Date(s): September 8, 2006 8. Section 668.2(b) is amended by removing the word “parent” from the definition of Federal Consolidation Loan Program and by revising the definitions of Federal Direct PLUS Program and Federal PLUS program. The authority citations for these definitions remain unchanged. The revisions read as follows: * * * * * (b) * * * Federal Direct PLUS Program: A loan program authorized by title IV, Part D of the HEA that is one of the components of the Direct Loan Program. The Federal Direct PLUS Program provides loans to parents of dependent students attending schools that participate in the Direct Loan Program. The Federal Direct PLUS Program also provides loans to graduate or professional students attending schools that participate in the Direct Loan Program. The borrower is responsible for the interest that accrues during any period. * * * * * Federal PLUS program: The loan program authorized by Title IV–B, section 428B, of the HEA, that encourages the making of loans to parents of undergraduate students. Before October 17, 1986, the PLUS Program also provided for making loans to graduate, professional, and independent undergraduate students. Before July 1, 1993, the PLUS Program also provided for making loans to parents of dependent graduate students. Beginning July 1, 2006, the PLUS Program provides for making loans to graduate and professional students. * * * * *
Amendment from August 09, 2006
34 CFR--PART 668
Amendment(s) published August 9, 2006, in 71 FR 45692
§ 668.2 General definitions.
