CFR > Title 34 - Education > SUBTITLE B—Regulations of the Offices of the Department of Education > CHAPTER V—OFFICE OF BILINGUAL EDUCATION AND MINORITY LANGUAGES AFFAIRS, DEPARTMENT OF EDUCATION (parts 535 to 535) > PART 535—BILINGUAL EDUCATION: GRADUATE FELLOWSHIP PROGRAM > SUBPART F—What Conditions Must Be Met by Fellows? (§535.50 to §535.57) > 535.52—What is the repayment schedule?

535.52—What is the repayment schedule?

(a) A fellowship recipient required to repay all or part of the amount of the fellowship shall begin repayments—
(1) Within six months of the date the fellowship recipient meets the criteria in § 535.50(b)(1) or (2); or
(2) On a date and in a manner established by the Secretary, if the fellowship recipient ceases to work in an authorized activity.
(b) A fellowship recipient must repay the required amount, including interest, in a lump sum or installment payments approved by the Secretary.
(c) The repayment period may be extended if the Secretary grants a deferment under § 535.54.

Code of Federal Regulations

(Authority: 20 U.S.C. 7475(b) )