[Code of Federal Regulations]

[Title 42, Volume 1]

[Revised as of October 1, 2006]

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

[CITE: 42CFR60.55]



[Page 345]

 

                         TITLE 42--PUBLIC HEALTH

 

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

                                SERVICES

 

PART 60_HEALTH EDUCATION ASSISTANCE LOAN PROGRAM--Table of Contents

 

                          Subpart E_The School

 

Sec.  60.55  Administrative and fiscal procedures.



    Each school must establish and maintain administrative and fiscal 

procedures necessary to achieve the following objectives:

    (a) Proper and efficient administration of the funds received from 

students who have HEAL loans;

    (b) Protection of the rights of students under the HEAL program;

    (c) Protection of the United States from unreasonable risk of loss 

due to defaults; and

    (d) Compliance with applicable requirements for HEAL schools.