45 CFR § 2400.58 - Repayment of stipend.

---
identifier: "/us/cfr/t45/s2400.58"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "45 CFR § 2400.58 - Repayment of stipend."
title_number: 45
title_name: "Public Welfare"
section_number: "2400.58"
section_name: "Repayment of stipend."
chapter_name: "JAMES MADISON MEMORIAL FELLOWSHIP FOUNDATION"
part_number: "2400"
part_name: "FELLOWSHIP PROGRAM REQUIREMENTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "20 U.S.C. 4501  unless otherwise noted."
regulatory_source: "61 FR 46734, Sept. 5, 1996, unless otherwise noted."
cfr_part: "2400"
---


# 2400.58 Repayment of stipend.

(a) If a Fellow fails to secure a master's degree, fails to teach American history, American government, social studies, or political science on a full-time basis in a secondary school for at least one school year for each academic year for which assistance was provided under a fellowship, fails to secure at least 12 semester hours or their credit hour equivalent for study of the Constitution as indicated in § 2400.43(b), or fails to attend the Foundation's Summer Institute on the Constitution, the Fellow must repay all of the fellowship costs received plus interest at the rate of 6% per annum or as otherwise authorized and, if applicable, reasonable collection fees, as prescribed in Section 807 of the Act (20 U.S.C. 4506(b)).

(b) If a Fellow withdraws from the fellowship or has a fellowship terminated by the Foundation, the Fellow must repay all fellowship funds which have been remitted to the Fellow or on his or her behalf under a fellowship.

[61 FR 46734, Sept. 5, 1996, as amended at 69 FR 11815, Mar. 12, 2004]