34 CFR 676.16 - Payment of an FSEOG.

§ 676.16 Payment of an FSEOG.
(a)
(1) Except as provided in paragraphs (b) and (e) of this section, an institution shall pay in each payment period a portion of an FSEOG awarded for a full academic year.
(2) The institution shall determine the amount paid each payment period by the following fraction:
FSEOG
————
N
where:
FSEOG=the total FSEOG awarded for an academic year and N=the number of payment periods that the institution expects the student will attend in that year.
(3) An institution may pay the student, within each payment period, at such times and in such amounts as it determines best meets the student's needs.
(b) If a student incurs uneven cost or estimated financial assistance amounts during an academic year and needs additional funds in a particular payment period, the institution may pay FSEOG funds to the student for those uneven costs.
(c) An institution shall disburse funds to a student or the student's account in accordance with the provisions in § 668.164.
(d)
(1) The institution shall return to the FSEOG account any funds paid to a student who, before the first day of classes—
(i) Officially or unofficially withdraws; or
(ii) Is expelled.
(2) A student who does not begin class attendance is deemed to have withdrawn.
(e) A correspondence student shall submit his or her first completed lesson before receiving an FSEOG payment.
(Approved by the Office of Management and Budget under control number 1840-0535)
(Authority: 20 U.S.C. 1070b. 1091)
[52 FR 45778, Dec. 1, 1987, as amended at 53 FR 49147, Dec. 6, 1988; 57 FR 32357, July 21, 1992; 59 FR 61420, 61421, Nov. 30, 1994; 59 FR 61722, Dec. 1, 1994; 61 FR 60396, Nov. 27, 1996; 61 FR 60608, Nov. 29, 1996; 71 FR 45698, Aug. 9, 2006; 72 FR 62030, Nov. 1, 2007]

Title 34 published on 2013-07-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
U.S. Code: Title 8 - ALIENS AND NATIONALITY
U.S. Code: Title 20 - EDUCATION

§ 421 to 425 - Omitted

§ 426 - Repealed.

§ 429 - Omitted

20 U.S. Code § 981 to 996 - Repealed.

§ 1070a - Federal Pell Grants: amount and determinations; applications

§ 1070b - Purpose; appropriations authorized

20 U.S. Code § 1070a–51 to 1070a–53 - Repealed.

20 U.S. Code § 1070a–51 to 1070a–53 - Repealed.

20 U.S. Code § 1070a–51 to 1070a–53 - Repealed.

20 U.S. Code § 1070a–51 to 1070a–53 - Repealed.

§ 1071 - Statement of purpose; nondiscrimination; and appropriations authorized

§ 1072 - Advances for reserve funds of State and nonprofit private loan insurance programs

§ 1072a - Federal Student Loan Reserve Fund

§ 1072b - Agency Operating Fund

§ 1073 - Effects of adequate non-Federal programs

§ 1074 - Scope and duration of Federal loan insurance program

§ 1075 - Limitations on individual federally insured loans and on Federal loan insurance

§ 1076 - Sources of funds

§ 1077 - Eligibility of student borrowers and terms of federally insured student loans

§ 1077a - Applicable interest rates

§ 1078 - Federal payments to reduce student interest costs

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

§ 1079 - Certificate of Federal loan insurance—effective date of insurance

§ 1080 - Default of student under Federal loan insurance program

§ 1080a - Reports to consumer reporting agencies and institutions of higher education

§ 1081 - Insurance fund

§ 1082 - Legal powers and responsibilities

§ 1083 - Student loan information by eligible lenders

§ 1083a - Consumer education information

§ 1084 - Participation by Federal credit unions in Federal, State, and private student loan insurance programs

§ 1085 - Definitions for student loan insurance program

§ 1086 - Delegation of functions

§ 1087

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

§ 1087aa - Appropriations authorized

§ 1087bb - Allocation of funds

§ 1087cc - Agreements with institutions of higher education

20 U.S. Code § 1070f to 1070f–6 - Repealed.

§ 1087dd - Terms of loans

§ 1087ee - Cancellation of loans for certain public service

§ 1087ff - Distribution of assets from student loan funds

§ 1087gg - Collection of defaulted loans: Perkins Loan Revolving Fund

§ 1087hh - General authority of Secretary

§ 1087ii - Definitions

§ 1089 - Master calendar

§ 1091 - Student eligibility

20 U.S. Code § 1070f to 1070f–6 - Repealed.

§ 1094 - Program participation agreements

§ 1094a - Regulatory relief and improvement

§ 1094b - Assignment of identification numbers

§ 1095 - Transfer of allotments

§ 1095a - Wage garnishment requirement

§ 1096 - Administrative expenses

§ 1232c - State agency monitoring and enforcement

§ 1232f - Records

U.S. Code: Title 42 - THE PUBLIC HEALTH AND WELFARE