34 CFR 673.1 : Education (Parts 1-2 To Parts 1201-1299) — (§ 400.1 To Parts 677-679) — Regulations Of The Offices Of The Department Of Education (Continued) (§ 400.1 To Parts 677-679) — Office Of Postsecondary Education, Department Of Education (§ 600.1 To Parts 677-679) — General Provisions For The Federal Perkins Loan Program, Federal Work-Study Program, And Federal Supplemental Educational Opportunity Grant Program (§ 673.1 To § 673.7) — Purpose And Scope (§ 673.1 And § 673.2) — Purpose.

This part governs the following three programs authorized by title IV of the Higher Education Act of 1965, as amended (HEA) that participating institutions administer:

(a) The Federal Perkins Loan Program, which encourages the making of loans by institutions to needy undergraduate and graduate students to help pay for their cost of education.

(b) The Federal Work-Study (FWS) Program, which encourages the part-time employment of undergraduate and graduate students who need the income to help pay for their cost of education and which encourages FWS recipients to participate in community service activities.

(c) The Federal Supplemental Educational Opportunity Grant (FSEOG) Program, which encourages the providing of grants to exceptionally needy undergraduate students to help pay for their cost of education.