
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 42USC292n]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
                    CHAPTER 6A--PUBLIC HEALTH SERVICE
 
               SUBCHAPTER V--HEALTH PROFESSIONS EDUCATION
 
                          Part A--Student Loans
 
    subpart i--insured health education assistance loans to graduate 
                                students
 
Sec. 292n. Additional requirements for institutions and lenders


(a) In general

    Notwithstanding any other provision of this subpart, the Secretary 
is authorized to prescribe such regulations as may be necessary to 
provide for--
        (1) a fiscal audit of an eligible institution with regard to any 
    funds obtained from a borrower who has received a loan insured under 
    this subpart;
        (2) the establishment of reasonable standards of financial 
    responsibility and appropriate institutional capability for the 
    administration by an eligible institution of a program of student 
    financial aid with respect to funds obtained from a student who has 
    received a loan insured under this subpart;
        (3) the limitation, suspension, or termination of the 
    eligibility under this subpart of any otherwise eligible 
    institution, whenever the Secretary has determined, after notice and 
    affording an opportunity for hearing, that such institution has 
    violated or failed to carry out any regulation prescribed under this 
    subpart;
        (4) the collection of information from the borrower, lender, or 
    eligible institution to assure compliance with the provisions of 
    section 292d of this title;
        (5) the assessing of tuition or fees to borrowers in amounts 
    that are the same or less than the amount of tuition and fees 
    assessed to nonborrowers;
        (6) the submission, by the institution or the lender to the 
    Office of Health Education Assistance Loan Default Reduction, of 
    information concerning each loan made under this subpart, including 
    the date when each such loan was originated, the date when each such 
    loan is sold, the identity of the loan holder and information 
    concerning a change in the borrower's status;
        (7) the withholding of services, including academic transcripts, 
    financial aid transcripts, and alumni services, by an institution 
    from a borrower upon the default of such borrower of a loan under 
    this subpart, except in case of a borrower who has filed for 
    bankruptcy; and
        (8) the offering, by the lender to the borrower, of a variety of 
    repayment options, including fixed-rate, graduated repayment with 
    negative amortization permitted, and income dependent payments for a 
    limited period followed by level monthly payments.

(b) Recording by institution of information on students

    The Secretary shall require an eligible institution to record, and 
make available to the lender and to the Secretary upon request, the 
name, address, postgraduate destination, and other reasonable 
identifying information for each student of such institution who has a 
loan insured under this subpart.

(c) Workshop for student borrowers

    Each participating eligible institution must have, at the beginning 
of each academic year, a workshop concerning the provisions of this 
subpart that all student borrowers shall be required to attend.

(July 1, 1944, ch. 373, title VII, Sec. 715, as added Pub. L. 102-408, 
title I, Sec. 102, Oct. 13, 1992, 106 Stat. 2009.)

                  Section Referred to in Other Sections

    This section is referred to in section 292f of this title.
