[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: 34CFR674.20]



[Page 571]

 

                           TITLE 34--EDUCATION

 

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

 

PART 674_FEDERAL PERKINS LOAN PROGRAM--Table of Contents

 

                      Subpart A_General Provisions

 

Sec. 674.20  Compliance with equal credit opportunity requirements.



    (a) In making a loan, an institution shall comply with the equal 

credit opportunity requirements of Regulation B (12 CFR part 202).

    (b) The Secretary considers the Federal Perkins Loan program to be a 

credit assistance program authorized by Federal law for the benefit of 

an economically disadvantaged class of persons within the meaning of 12 

CFR 202.8(a)(1). Therefore, the institution may request a loan applicant 

to disclose his or her marital status, income from alimony, child 

support, and spouse's income and signature.



(Approved by the Office of Management and Budget under control number 

1845-0019)



(Authority: 20 U.S.C. 1087aa-1087hh)



[52 FR 45747, Dec. 1, 1987, as amended at 53 FR 49147, Dec. 6, 1988; 59 

FR 61415, Nov. 30, 1994; 64 FR 58315, Oct. 28, 1999]