Pennsylvania Code
Title 22 - EDUCATION
Part VIII - Higher Education Assistance Agency
Chapter 121 - STUDENT FINANCIAL AID
Subchapter C - FEDERAL STAFFORD LOAN PROGRAMS
Section 121.69 - Cancelled debt

Universal Citation: 22 PA Code ยง 121.69
Current through Register Vol. 54, No. 44, November 2, 2024

The indebtedness of a borrower who dies, who becomes totally and permanently disabled, whose loans are discharged in bankruptcy, who is enrolled at an institution that closes or who has his eligibility to borrow falsely certified by the institution, shall be cancelled upon the acceptance of proper documentation by the lender or holder of the loan.

The provisions of this §121.69 amended under section 4 of the act of August 7, 1963 (P. L. 549, No. 290) (24 P. S. § 5104); section 1 of the act of January 25, 1966 (P. L. 1546, No. 541) (24 P. S. § 5151); the act of July 18, 1974 (P. L. 483, No. 174) (24 P. S. §§ 5181-5189); the act of July 1, 1988 (P. L. 1259, No. 155) (24 P. S. §§ 5191-5197); and the act of June 26, 1992 (P. L. 322, No. 64) (24 P. S. §§ 5198.1-5198.7).

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