---
kind: "section"
citation: "45 C.F.R. § 2525.440"
title: "45"
number: "2525.440"
heading: "Is there a limit on the number of recipients an individual may designate to receive a transferred award?"
url: "https://uscodex.org/cfr/45/2525.440"
---

# §2525.440. Is there a limit on the number of recipients an individual may designate to receive a transferred award?

- (a) An Eligible Individual may transfer all or part of a non-expired education award to no more than two recipients.
- (b) If a Designated Recipient rejects, in whole or in part, a transferred education award, or a transfer was revoked in accordance with [§ 2525.480](/cfr/45/2525.480.md), the education award can be transferred to another Designated Recipient, so long as the education award has not yet expired.

## Notes

### Authority

Authority: 42 U.S.C. 12601-12606

### Source

Source: 88 FR 44727, July 13, 2023, unless otherwise noted.