5 CFR § 1655.2 - Eligibility for loans.

---
identifier: "/us/cfr/t5/s1655.2"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "5 CFR § 1655.2 - Eligibility for loans."
title_number: 5
title_name: "Administrative Personnel"
section_number: "1655.2"
section_name: "Eligibility for loans."
chapter_name: "FEDERAL RETIREMENT THRIFT INVESTMENT BOARD"
part_number: "1655"
part_name: "LOAN PROGRAM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 8432d, 8433(g), 8439(a)(3) and 8474."
regulatory_source: "68 FR 35515, June 13, 2003, unless otherwise noted."
cfr_part: "1655"
---


# 1655.2 Eligibility for loans.

A participant can apply for a TSP general purpose or residential loan if:

(a) More than 30 business days have elapsed since the participant has repaid in full any TSP loan;

(b) The participant is in pay status;

(c) The participant is eligible to contribute to the TSP; and

(d) The participant has at least $1,000 in employee contributions and attributable earnings in his or her account. Paragraph (b) of this section shall not apply to loan requests made during a Government shutdown by participants who are furloughed or excepted from furlough due to the Government shutdown.

[87 FR 31692, May 24, 2022]