§ 292h. Office for Health Education Assistance Loan Default Reduction
(a)
Establishment
The Secretary shall establish, within the Division of Student Assistance of the Bureau of Health Professions, an office to be known as the Office for Health Education Assistance Loan Default Reduction (in this section referred to as the “Office”).
(b)
Purpose and functions
It shall be the purpose of the Office to achieve a reduction in the number and amounts of defaults on loans guaranteed under this subpart. In carrying out such purpose the Office shall—
(3)
respond to special circumstances that may exist in the financial lending environment that may lead to loan defaults;
(4)
coordinate with other Federal entities that are involved with student loan programs, including—
(c)
Additional duties
In conjunction with the report submitted under subsection (b) of this section, the Office shall—
(d)
Allocation of funds for Office
In the case of amounts reserved under section
292i
(a)(2)(B) of this title for obligation under this subsection, the Secretary may obligate the amounts for the purpose of administering the Office, including 7 full-time equivalent employment positions for such Office. With respect to such purpose, amounts made available under the preceding sentence are in addition to amounts made available to the Health Resources and Services Administration for program management for the fiscal year involved. With respect to such employment positions, the positions are in addition to the number of full-time equivalent employment positions that otherwise is authorized for the Department of Health and Human Services for the fiscal year involved.