---
kind: "section"
citation: "34 C.F.R. § 673.1"
title: "34"
number: "673.1"
heading: "Purpose."
url: "https://uscodex.org/cfr/34/673.1"
---

# §673.1. Purpose.


This part governs the following three programs authorized by title IV of the Higher Education Act of 1965, as amended (HEA) that participating institutions administer:

- (a) The Federal Perkins Loan Program, which encourages the making of loans by institutions to needy undergraduate and graduate students to help pay for their cost of education.
- (b) The Federal Work-Study (FWS) Program, which encourages the part-time employment of undergraduate and graduate students who need the income to help pay for their cost of education and which encourages FWS recipients to participate in community service activities.
- (c) The Federal Supplemental Educational Opportunity Grant (FSEOG) Program, which encourages the providing of grants to exceptionally needy undergraduate students to help pay for their cost of education.

## Notes

### Authority

Authority: 20 U.S.C. 421-429, 1070b-1070b-3, 1070g, 1087aa-1087ii; 42 U.S.C. 2751-2756b, unless otherwise noted.

### Source

Source: 61 FR 60393, Nov. 27, 1996, unless otherwise noted.