20 U.S.C. § 1104f
Section 1104f · Scholarship repayment provisions
Amended 1 time on record
Recipients found by the State agency to be in noncompliance with the agreement entered into under section 1104b(b)(5) of this title shall be required to repay a pro rata amount of the scholarship awards received, plus interest (but in no event at an interest rate higher than the rate applicable to loans in the applicable period under part B of subchapter IV of this chapter) and, where applicable, reasonable collection fees, on a schedule and at a rate of interest to be prescribed by the Secretary by regulations issued pursuant to this subpart.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Prior Provisions
A prior section 527 of Pub. L. 89 329, title V, Nov. 8, 1965, 79 Stat. 1260, set forth conditions imposed upon fellowship recipient and was classified to section 1117 of this title, prior to repeal by Pub. L. 94 482, title I, §151(a)(4)(A), Oct. 12, 1976, 90 Stat. 2152, eff. Sept. 30, 1976.