US Codex
U.S.C.
Notes

§1087–53. Grants for Federal work-study programs — Inbound Citations

20 U.S.C. § 1087–53

Cited by 7 provisions in release 119-102.

Citations to 20 U.S.C. § 1087–53 as a whole

Citations to §1087–53(b)(1)

Citations to §1087–53(b)(2)(A)

Citations to §1087–53(b)(4)

  • (2) If the sum of a disbursement for any student and the other financial aid obtained by such student exceeds the amount of assistance for which the student is eligible under this subchapter, the institution such student is attending shall withhold and return to the lender or escrow agent the portion (or all) of such installment that exceeds such eligible amount, except that overawards permitted pursuant to section 1087–53(b)(4) of this title shall not be construed to be overawards for purposes of this paragraph. Any portion (or all) of a disbursement installment which is so returned shall be credited to the borrower’s loan and treated as a prepayment thereon.