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William D. Ford Federal Direct Loan Program

Education · education-loans · Published 1997-06-03 · Effective 1997-06-03 · 62 FR 30412

Document

Document number
97-14357
Federal Register citation
62 FR 30412
CFR reference
34 CFR 685
Type
Rule
Action
Final regulations.
Category
education-loans
Agency
US Department of Education
Publication date
1997-06-03
Effective date
1997-06-03

Abstract

The Secretary of Education amends Sec. 685.212(c) of the William D. Ford Federal Direct Loan (Direct Loan) Program final regulations to correct a technical error. These regulations apply to loans under the Federal Direct Stafford/Ford Loan (Direct Subsidized Loan) Program, the Federal Direct Unsubsidized Stafford/Ford Loan (Direct Unsubsidized Loan) Program, the Federal Direct PLUS Loan (Direct PLUS Loan) Program, and the Federal Direct Consolidation Loan (Direct Consolidation Loan) Program, collectively referred to as the Direct Loan Program. The Secretary is amending these regulations to require that an endorser of a Direct PLUS Loan or a Direct PLUS Consolidation Loan is obligated to repay that Direct Loan when the borrower's obligation to repay is discharged in bankruptcy.

Source

Authoritative
Federal Register document
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