[Code of Federal Regulations]
[Title 34, Volume 3]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 34CFR682.101]

[Page 643]
 
                           TITLE 34--EDUCATION
 
                         DEPARTMENT OF EDUCATION
 
PART 682--FEDERAL FAMILY EDUCATION LOAN (FFEL) PROGRAM--Table of Contents
 
                      Subpart A--Purpose and Scope
 
Sec. 682.101  Participation in the FFEL programs.

    (a) Eligible banks, savings and loan associations, credit unions, 
pension funds, insurance companies, schools, and State and private 
nonprofit agencies may make loans.
    (b) Institutions of higher education, including most colleges, 
universities, graduate and professional schools, and many vocational, 
technical schools may participate as schools, enabling an eligible 
student or his or her parents to obtain a loan to pay for the student's 
cost of education.
    (c) Students who meet certain requirements, including enrollment at 
a participating school, may borrow under the Stafford Loan and, for 
periods of enrollment that began prior to July 1, 1994, the SLS program. 
Parents of eligible dependent undergraduate students may borrow under 
the PLUS Program. Borrowers with outstanding Stafford, SLS, FISL, 
Perkins, HPSL, HEAL, ALAS, PLUS, or Nursing Student Loan Program loans, 
or married couples each of whom have eligible loans under these programs 
may borrow under the Consolidation Loan Program.

(Authority: 20 U.S.C. 1071 to 1087-2)

[57 FR 60323, Dec. 18, 1992, as amended at 59 FR 61215, Nov. 29, 1994; 
64 FR 18975, Apr. 16, 1999; 66 FR 34762, June 29, 2001]