[Code of Federal Regulations]

[Title 34, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 34CFR673.6]



[Page 558-559]

 

                           TITLE 34--EDUCATION

 

 CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION

 

PART 673_GENERAL PROVISIONS FOR THE FEDERAL PERKINS LOAN PROGRAM, FEDERAL 

 

  Subpart B_General Provisions for the Federal Perkins Loan, FWS, and 

                             FSEOG Programs

 

Sec. 673.6  Coordination with BIA grants.



    (a) Coordination of BIA grants with Federal Perkins loans, FWS 

awards, or FSEOGs. To determine the amount of a Federal Perkins loan, 

FWS compensation, or an FSEOG for a student who is also eligible for a 

Bureau of Indian Affairs (BIA) education grant, an institution shall 

prepare a package of student aid--

    (1) From resources other than the BIA education grant the student 

has received or is expected to receive; and

    (2) That is consistent in type and amount with packages prepared for 

students in similar circumstances who are not eligible for a BIA 

education grant.

    (b)(1) The BIA education grant, whether received by the student 

before or after the preparation of the student aid package, supplements 

the student aid package specified in paragraph (a) of this section.



[[Page 559]]



    (2) No adjustment may be made to the student aid package as long as 

the total of the package and the BIA education grant is less than the 

institution's determination of that student's financial need.

    (c)(1) If the BIA education grant, when combined with other aid in 

the package, exceeds the student's need, the excess must be deducted 

from the other assistance (except for Federal Pell Grants), not from the 

BIA education grant.

    (2) The institution shall deduct the excess in the following 

sequence: loans, work-study awards, and grants other than Federal Pell 

Grants. However, the institution may change the sequence if requested to 

do so by a student and the institution believes the change benefits the 

student.

    (d) To determine the financial need of a student who is also 

eligible for a BIA education grant, a financial aid administrator is 

encouraged to consult with area officials in charge of BIA postsecondary 

financial aid.



(Authority: 20 U.S.C. 1070b-1 and 1087dd; 42 U.S.C. 2753)