[Code of Federal Regulations]

[Title 42, Volume 1]

[Revised as of October 1, 2005]

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

[CITE: 42CFR57.206]



[Page 267-268]

 

                         TITLE 42--PUBLIC HEALTH

 

    CHAPTER I--PUBLIC HEALTH SERVICE, DEPARTMENT OF HEALTH AND HUMAN 

                                SERVICES

 

PART 57_GRANTS FOR CONSTRUCTION OF TEACHING FACILITIES, EDUCATIONAL 

IMPROVEMENTS, SCHOLARSHIPS AND STUDENT LOANS--Table of Contents

 

               Subpart C_Health Professions Student Loans

 

Sec. 57.206  Eligibility and selection of health professions student 

loan applicants.



    (a) Determination of eligibility. (1) Applicants are eligible for 

consideration for a health professions student loan if they are:

    (i) Residents of the United States and either a citizen or national 

of the United States, an alien lawfully admitted for permanent residence 

in the United States, a citizen of the Commonwealth of the Northern 

Mariana Islands, a citizen of the Republic of Palau, a citizen of the 

Republic of the Marshall Islands, or a citizen of the Federated States 

of Micronesia;

    (ii) Enrolled, or accepted for enrollment in the school as full-time 

students;

    (iii) In need of the amount of the loan to pursue a full-time course 

of study at the school;

    (iv) Of exceptional financial need in the case of students of 

medicine or osteopathic medicine. A student will be considered to 

demonstrate exceptional financial need if the school determines that his 

or her resources, as described in paragraph (b)(1) of this section, do 

not exceed the lesser of $6,700 or one-half of the costs of attendance 

at the school. Summer earnings, educational loans, veterans (G.I.) 

benefits and earnings during the school year will not be considered as 

resources in determining whether an applicant meets the eligibility 

criteria for exceptional financial need, but will be considered in 

determining the amount of funds a student may receive; and

    (v) In compliance with the requirement to register for the draft, if 

required to do so under section 3 of the Military Selective Service Act.

    (2) An applicant who has previously attended an institution of 

higher education must submit a financial aid transcript which includes 

at least the following data:

    (i) Applicant's name and social security number;

    (ii) Amounts and sources of loans and grants previously received by 

the applicant for study at an institution of higher education;

    (iii) Whether the applicant is in default on any of these loans, or 

owes a refund on any grants;

    (iv) Certification from each institution previously attended by the 

applicant that the applicant has received no financial aid, if 

applicable; and

    (v) From each institution previously attended, the signature of an 

official authorized by the institution to sign such transcripts on 

behalf of the institution.

    (b) Selection of applicants. The school will select qualified 

applicants, including medical (M.D. and D.O.) applicants, and determine 

the amount of student loans by considering:

    (1) The financial resources available to the student by using one of 

the national need analysis systems or any other procedure approved by 

the Secretary of Education in combination with other information which 

the school has regarding the student's financial status. The school must 

take into account, regardless of the tax status of the student, the 

expected contribution from parents, spouse, self or other family 

members; and

    (2) The costs reasonably necessary for the student's attendance at 

the school, including any special needs and obligations which directly 

affect the student's ability to attend the school on a full-time basis. 

The school must document the criteria used for determining these costs.

    (c) Selection of medical (M.D. and D.O.) student applicants. In 

addition to the factors in Sec. 57.206(b), the school must select 

medical (M.D. and D.O.) students graduating after June 30, 1979, based 

on the order of greatest need, taking into consideration the other 

resources available to the student through the school. For purposes of 

establishing



[[Page 268]]



priority for selecting medical (M.D. and D.O.) student applicants to 

receive health professions student loans, summer earnings, educational 

loans, veterans (G.I.) benefits, and earnings during the school year 

will be considered as financial resources.

    (d) Verification of loan information. The school must verify, to the 

best of its ability, the information provided by the student on the loan 

application. To comply with this requirement, a school may require that 

a student provide, for example: Photocopies of the parents', student's, 

and spouse's Federal income tax forms with original signatures for the 

most recent tax year (or certification that no Federal income tax return 

was filed); tax returns that are certified as having been received by 

the Internal Revenue Service; or other documentation that the school 

considers necessary to help assure that information on the loan 

application is correct.



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

0915-0047)



[44 FR 32698, June 7, 1979, as amended at 48 FR 25069, June 3, 1983; 49 

FR 38112, Sept. 27, 1984; 52 FR 20987, June 3, 1987; 53 FR 46549, Nov. 

17, 1988; 56 FR 19293, Apr. 26, 1991; 61 FR 6123, Feb. 16, 1996]