34 C.F.R. PART 682--FEDERAL FAMILY EDUCATION LOAN (FFEL) PROGRAM
TITLE 34--Education
Subtitle B--REGULATIONS OF THE OFFICES OF THE DEPARTMENT OF EDUCATION
CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION
PART 682--FEDERAL FAMILY EDUCATION LOAN (FFEL) PROGRAM
Subpart A--PURPOSE AND SCOPE
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| The Federal Family Education Loan programs.
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| Participation in the FFEL programs.
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| Obtaining and repaying a loan.
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| Applicability of subparts.
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Subpart B--GENERAL PROVISIONS
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| Permissible charges by lenders to borrowers.
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| Disclosure requirements for lenders.
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| Due diligence in making a loan.
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| Due diligence in disbursing a loan.
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| Due diligence in servicing a loan.
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| Prohibition against the use of the Rule of 78s.
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| Compliance with equal credit opportunity requirements.
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| Teacher loan forgiveness program.
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Subpart C--FEDERAL PAYMENTS OF INTEREST AND SPECIAL ALLOWANCE
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| Payment of interest benefits on Stafford and Consolidation loans.
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| Eligibility of borrowers for interest benefits on Stafford and Consolidation loans.
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| Payment of special allowance on FFEL loans.
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| Methods for computing interest benefits and special allowance.
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| Procedures for payment of interest benefits and special allowance and collection of origination and loan fees.
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Subpart D--ADMINISTRATION OF THE FEDERAL FAMILY EDUCATION LOAN PROGRAMS BY A GUARANTY AGENCY
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| Agreements between a guaranty agency and the Secretary.
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| Death, disability, closed school, false certification, unpaid refunds, and bankruptcy payments.
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| Federal advances for claim payments.
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| Federal reinsurance agreement.
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| Loan rehabilitation agreement.
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| Conditions for claim payments from the Federal Fund and for reinsurance coverage.
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| Loan disbursement through an escrow agent.
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| Mandatory assignment by guaranty agencies of defaulted loans to the Secretary.
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| Fiscal, administrative, and enforcement requirements.
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| Lender due diligence in collecting guaranty agency loans.
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| Consequences of the failure of a borrower or student to establish eligibility.
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| Records, reports, and inspection requirements for guaranty agency programs.
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| Special insurance and reinsurance rules.
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| Requirements for third-party servicers and lenders contracting with third-party servicers.
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| Determination of Federal funds or assets to be returned.
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| Prohibited uses of the assets of the Operating Fund during periods in which the Operating Fund contains transferred funds owed to the Federal Fund.
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| Guaranty agency Federal Fund.
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| Federal nonliquid assets.
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| Funds transferred from the Federal Fund to the Operating Fund by a guaranty agency.
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| Guaranty agency repayment of funds transferred from the Federal Fund.
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| Guaranty agency Operating Fund.
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Subpart E--FEDERAL GUARANTEED STUDENT LOAN PROGRAMS
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| Circumstances under which loans may be guaranteed by the Secretary.
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| Extent of Federal guarantee under the Federal GSL programs.
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| The application to be a lender.
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| Issuance of Federal loan guarantees.
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| Limitations on maximum loan amounts.
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| Due diligence in collecting a loan.
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| Special conditions for filing a claim.
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| Determination of the borrower's death, total and permanent disability, or bankruptcy.
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| Procedures for filing a claim.
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| Determination of amount payable on a claim.
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| Factors affecting coverage of a loan under the loan guarantee.
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| Procedures for receipt or retention of payments where the lender has violated program requirements for Federal GSL loans.
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| Records, reports, and inspection requirements for Federal GSL program lenders.
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Subpart F--REQUIREMENTS, STANDARDS, AND PAYMENTS FOR PARTICIPATING SCHOOLS
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| Rules for a school that makes or originates loans.
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| Certification by a participating school in connection with a loan application.
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| Processing the borrower's loan proceeds and counseling borrowers.
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| Determining the date of a student's withdrawal.
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| Payment of a refund or a return of title IV, HEA program funds to a lender upon a student's withdrawal.
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| Termination of a school's lending eligibility.
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| Administrative and fiscal requirements for participating schools.
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Subpart G--LIMITATION, SUSPENSION, OR TERMINATION OF LENDER OR THIRD-PARTY SERVICER ELIGIBILITY AND DISQUALIFICATION OF LENDERS AND SCHOOLS
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| Definitions of terms used in this subpart.
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| Informal compliance procedure.
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| Limitation or termination proceedings.
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| Appeals in a limitation or termination proceeding.
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| Evidence of mailing and receipt dates.
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| Reimbursements, refunds, and offsets.
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| Reinstatement after termination.
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| Disqualification review of limitation, suspension, and termination actions taken by guarantee agencies against lenders.
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| Disqualification review of limitation, suspension, and termination actions taken by guarantee agencies against a school.
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Subpart H--SPECIAL ALLOWANCE PAYMENTS ON LOANS MADE OR PURCHASED WITH PROCEEDS OF TAX-EXEMPT OBLIGATIONS
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| Prohibition against discrimination as a condition for receiving special allowance payments.
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Appendix C to Part 682--Procedures for Curing Violations of the Due Diligence in Collection and Timely Filing of Claims Requirements Applicable to FISLP and Federal PLUS Program Loans and for Repayment of Interest and Special Allowance Overbillings [Bulletin L-77a]
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Appendix D to Part 682--Policy for Waiving the Secretary's Right To Recover or Refuse To Pay Interest Benefits, Special Allowance, and Reinsurance on Stafford, Plus, Supplemental Loans for Students, and Consolidation Program Loans Involving Lenders' Violations of Federal Regulations Pertaining to Due Diligence in Collection or Timely Filing of Claims [Bulletin 88-G-138]
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