StacksVerified U.S. regulatory reference

45 CFR §2525.220

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Required information. Before disbursing an amount from an education award to repay a qualified student loan, AmeriCorps must receive:
    1. (1)An Eligible Individual's written authorization and request for a specific payment amount; and
    2. (2)Any identifying and other information from the loan holder as requested by AmeriCorps.
  2. (b)Payment. When AmeriCorps receives the information required under paragraph (a) of this section, it will pay the loan holder and notify the Eligible Individual of the payment.
  3. (c)Aggregate payments. AmeriCorps may establish procedures to aggregate payments to holders of loans for more than a single individual.