45 CFR 2525.450
§ 2525.450 Is there a limit on the amount of transferred education awards a Designated Recipient may receive?
United States · 45 CFR — Public Welfare · Status: effective
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- Citation
- 45 CFR 2525.450, § 2525.450 Is there a limit on the amount of transferred education awards a Designated Recipient may receive?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/222602
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Full text
(a) If the sum of the value of the requested transfer plus the aggregate value of education awards a Designated Recipient has previously earned or received, through the Designated Recipient's own service term or having previously been transferred an education award, would exceed the aggregate value of two full-time education awards, as determined pursuant to § 2525.50(b), the Designated Recipient will be deemed to have rejected that portion of the education award that would result in the excess.
(b) If a Designated Recipient has already received the aggregate value of two full-time education awards, they may not receive a transferred education award, and the Designated Recipient will be deemed to have rejected the education award in full.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.