34 C.F.R. 34 CFR--PART 682


Title 34 - Education


Amendment from August 09, 2006

34 CFR--PART 682
View Printed Federal Register page 71 FR 45708 in PDF format.

Amendment(s) published August 9, 2006, in 71 FR 45708


Effective Date(s): September 8, 2006

55. Section 682.408 is amended by revising paragraph (c) to read as follows:

§ 682.408   Loan disbursement through an escrow agent.

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(c) Transmittal of FFEL loan proceeds by an escrow agent. The escrow agent shall transmit Stafford and PLUS loan proceeds received from a lender under this section to a school in accordance with the requirements of §682.207(b)(1)(ii) and (iv) not later than 10 days after the agent receives the funds from the lender.

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