§765.101. Borrower graduation requirements. — Inbound Citations
7 C.F.R. § 765.101
Statutory Authority
Cited by 3 regulations in release Current.
Citations to 7 U.S.C. § 765.101 as a whole
-
(2) The borrower has paid in full scheduled direct term loan installments that include principal reduction in each of the last 3 calendar years;
Citations to §765.101(c)
-
(a) Borrower failure to fulfill all graduation requirements, including failure to submit information as specified in § 765.101(c) of this chapter, within the time-period specified by the Agency constitutes default on the loan. Except as provided in paragraph (b) of this section, the Agency will accelerate the borrower's loan without offering servicing options provided in 7 CFR part 766 if any outstanding direct loan was closed prior to September 25, 2024.