Source: http://www.law.cornell.edu/cfr/text/42/60.21
Timestamp: 2014-12-26 06:53:56
Document Index: 117044229

Matched Legal Cases: ['art 60', '§ 60', '§ 216', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 292', '§ 294', '§ 293']

42 CFR 60.21 - Refunds. | LII / Legal Information Institute
CFR › Title 42 › Chapter I › Subchapter D › Part 60 › Subpart C › Section 60.21 42 CFR 60.21 - Refunds.
§ 60.21
By applying for a HEAL loan, a student authorizes a participating school to make payment of a refund that is allocable to a HEAL loan directly to the original lender (or to a subsequent holder of the loan note, if the school has knowledge of the holder's identity).
Treatment by lenders or holders.
A holder of a HEAL loan must treat a refund payment received from a HEAL school as a downward adjustment in the principal amount of the loan.
When a lender receives a school refund check for a loan it no longer holds, the lender must transfer that payment to the holder of the loan and either inform the borrower about the refund check and where it was sent or, if the borrower's address is unknown, notify the current holder that the borrower was not informed. The current holder must provide the borrower with a written notice of the refund payment.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeU.S. Code: Title 42 - THE PUBLIC HEALTH AND WELFARE§ 216 - Regulations§ 292 - Statement of purpose§ 292a - Scope and duration of loan insurance program§ 292b - Limitations on individual insured loans and on loan insurance§ 292c - Sources of funds§ 292d - Eligibility of borrowers and terms of insured loans§ 292e - Certificate of loan insurance; effective date of insurance§ 292f - Default of borrower§ 292g - Risk-based premiums§ 292h - Office for Health Education Assistance Loan Default Reduction§ 292i - Insurance account§ 292j - Powers and responsibilities of Secretary§ 292k - Participation by Federal credit unions in Federal, State, and private student loan insurance programs42 U.S. Code § -§ 292m - Repayment by Secretary of loans of deceased or disabled borrowers§ 292n - Additional requirements for institutions and lenders42 U.S. Code § - § 292p - Authorization of appropriations§ 294 - General provisions42 U.S. Code § 293n to 293p - Repealed.