§ 68.1 What are the scope and purpose of the NIH LRPs?
§ 68.2 Definitions
§ 68.3 Who is eligible to apply?
§ 68.4 Who is eligible to participate?
§ 68.5 Who is ineligible to participate?
§ 68.6 How do individuals apply to participate in the NIH LRPs?
§ 68.7 How are applicants selected to participate in the NIH LRPs?
§ 68.8 What do the NIH LRPs provide to participants?
§ 68.9 What loans qualify for repayment?
§ 68.10 What loans are ineligible for repayment?
§ 68.11 What does an individual have to do in return for loan repayments received under the NIH LRPs?
§ 68.12 How does an individual receive loan repayments beyond the initial applicable contract period?
§ 68.13 What will happen if an individual does not comply with the terms and conditions of participation in the NIH LRPs?
§ 68.14 Under what circumstances can the service or payment obligation be canceled, waived, or suspended?
§ 68.15 When can an NIH LRP payment obligation be discharged in bankruptcy?
§ 68.16 Additional conditions
§ 68.17 What other regulations and statutes apply?

Terms Used In 42 CFR Part 68 - National Institutes of Health (Nih) Loan Repayment Programs (Lrps)

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Fair Credit Reporting Act: A federal law, established in 1971 and revised in 1997, that gives consumers the right to see their credit records and correct any mistakes. Source: OCC
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Statute: A law passed by a legislature.