CFR Subpart I

CFR Subpart I
in effect

2 C.F.R. § 3485.937 ED Deciding Official.

The ED Deciding Official is an officer of the Department who has delegated authority under the procedures of the Department of Education to decide whether to affirm a suspension or enter a debarment.

2 C.F.R. § 3485.995 Principal.

Principal means— (a) An officer, director, owner, partner, principal investigator, or other person within a participant with management or supervisory responsibilities related to a covered transaction; or (b) A consultant or other person, whether or not employed by the participant or paid with Federal funds, who— (1) Is in a position to handle Federal funds; (2) Is in a position to influence or control the use of those funds; or (3) Occupies a technical or professional position capable of substantially influencing the development or outcome of an activity required to perform the covered transaction. (c) For the purposes of Department of Education title IV, HEA transactions— (1) A third-party servicer, as defined in 34 CFR 668.2 or 682.200; or (2) Any person who provides services described in 34 CFR 668.2 or 682.200 to a title IV, HEA participant, whether or not that person is retained or paid directly by the title IV, HEA participant.

2 C.F.R. § 3485.1016 Title IV, HEA participant.

A title IV, HEA participant is— (a) An institution described in 34 CFR 600.4, 600.5, or 600.6 that provides postsecondary education; or (b) A lender, third-party servicer, or guaranty agency, as those terms are defined in 34 CFR 668.2 or 682.200.

2 C.F.R. § 3485.1017 Title IV, HEA program.

A title IV, HEA program includes any program listed in 34 CFR 668.1(c).

2 C.F.R. § 3485.1018 Title IV, HEA transaction.

A title IV, HEA transaction includes— (a) A disbursement or delivery of funds provided under a title IV, HEA program to a student or borrower; (b) A certification by an educational institution of eligibility for a loan under a title IV, HEA program; (c) Guaranteeing a loan made under a title IV, HEA program; and (d) The acquisition or exercise of any servicing responsibility for a grant, loan, or work study assistance under a title IV, HEA program.

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