StacksVerified U.S. regulatory reference

45 CFR §286.235

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)The penalties that cannot be excused are:
    1. (1)The penalty for failure to repay a Federal loan issued under section 406.
    2. (2)The penalty for failure to replace any reduction in the TFAG resulting from other penalties that have been imposed.
  2. (b)[Reserved]