StacksVerified U.S. regulatory reference

34 CFR §681.55

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Each school must establish and maintain administrative and fiscal procedures necessary to achieve the following objectives:
  1. (a)Proper and efficient administration of the funds received from students who have HEAL loans;
  2. (b)Protection of the rights of students under the HEAL program;
  3. (c)Protection of the United States from unreasonable risk of loss due to defaults; and
  4. (d)Compliance with applicable requirements for HEAL schools.