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Current as of October 02, 2022 | Updated by FindLaw Staff
Consistent with § 2526.50, no individual may receive more than an amount equal to the value of two full-time education awards. If the sum of the value of the requested transfer plus the aggregate value of education awards a designated individual has previously received would exceed the aggregate value of two full-time education awards, as determined pursuant to § 2526.50(b), the designated individual will be deemed to have rejected that portion of the award that would result in the excess. If a designated individual has already received the aggregate value of two full-time education awards, the individual may not receive a transferred education award, and the designated individual will be deemed to have rejected the award in full.
Cite this article: FindLaw.com - Code of Federal Regulations Title 45. Public Welfare § 45.2530.50 Is there a limit on the amount of transferred awards a designated individual may receive? - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-45-public-welfare/cfr-sect-45-2530-50/
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