45 CFR § 2525.420 - For what purposes may a transferred award be used?

---
identifier: "/us/cfr/t45/s2525.420"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "45 CFR § 2525.420 - For what purposes may a transferred award be used?"
title_number: 45
title_name: "Public Welfare"
section_number: "2525.420"
section_name: "For what purposes may a transferred award be used?"
chapter_name: "CORPORATION FOR NATIONAL AND COMMUNITY SERVICE"
part_number: "2525"
part_name: "NATIONAL SERVICE TRUST"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 12601-12606"
regulatory_source: "88 FR 44727, July 13, 2023, unless otherwise noted."
cfr_part: "2525"
---


# 2525.420 For what purposes may a transferred award be used?

A transferred award may be used by the Designated Recipient to repay qualified student loans or to pay current educational expenses at an institution of higher education, as described in § 2525.210.