A title IV, HEA transaction includes—
(a) A disbursement or delivery of funds provided under a title IV, HEA program to a student or borrower;
(b) A certification by an educational institution of eligibility for a loan under a title IV, HEA program;
(c) Guaranteeing a loan made under a title IV, HEA program; and
(d) The acquisition or exercise of any servicing responsibility for a grant, loan, or work study assistance under a title IV, HEA program.
(Authority: E.O. 12549 (3 CFR 1986 Comp., p.189); E.O. 12689 (3 CFR 1989 Comp., p.235); sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); 20 U.S.C. 1082,1094,1221e,and
source: 77 FR 18673, Mar. 28, 2012, unless otherwise noted.
cite as: 2 CFR 3485.1018