# 34 C.F.R. § 682.213 (2026): Prohibition against the use of the Rule of 78s

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_213

## Section

- **Citation:** 34 C.F.R. § 682.213 (2026)
- **Heading:** Prohibition against the use of the Rule of 78s
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 34 CFR: Education / Chapter VI: OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION / Part 682: FEDERAL FAMILY EDUCATION LOAN (FFEL) PROGRAM / Subpart B: General Provisions / § 682.213: § 682.213   Prohibition against the use of the Rule of 78s.

## Text

For purposes of the calculations required by this part, a lender may not use the Rule of 78s to calculate the outstanding principal balance of a loan, except for a loan made to a borrower who entered repayment before June 26, 1987 and who was informed in the promissory note that interest on the loan would be calculated using the Rule of 78s. For those loans, the Rule of 78s must be used for the life of the loan.
(Authority: 20 U.S.C. 1077, 1078, 1078-1, 1078-2, 1078-3, 1082)
[57 FR 60323, Dec. 18, 1992, as amended at 68 FR 75429, Dec. 31, 2003]

## Nearby sections

- [34 C.F.R. § 682.200 (2026) § 682.200   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_200.md)
- [34 C.F.R. § 682.201 (2026) § 682.201   Eligible borrowers.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_201.md)
- [34 C.F.R. § 682.202 (2026) § 682.202   Permissible charges by lenders to borrowers.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_202.md)
- [34 C.F.R. § 682.203 (2026) § 682.203   Responsible parties.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_203.md)
- [34 C.F.R. § 682.204 (2026) § 682.204   Maximum loan amounts.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_204.md)
- [34 C.F.R. § 682.205 (2026) § 682.205   Disclosure requirements for lenders.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_205.md)
- [34 C.F.R. § 682.208 (2026) § 682.208   Due diligence in servicing a loan.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_208.md)
- [34 C.F.R. § 682.209 (2026) § 682.209   Repayment of a loan.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_209.md)
- [34 C.F.R. § 682.210 (2026) § 682.210   Deferment.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_210.md)
- [34 C.F.R. § 682.211 (2026) § 682.211   Forbearance.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_211.md)
- [34 C.F.R. § 682.212 (2026) § 682.212   Prohibited transactions.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_212.md)
- [34 C.F.R. § 682.213 (2026) § 682.213   Prohibition against the use of the Rule of 78s.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_213.md)
- [34 C.F.R. § 682.215 (2026) § 682.215   Income-based repayment plan.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_215.md)
- [34 C.F.R. § 682.216 (2026) § 682.216   Teacher loan forgiveness program.](https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_216.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T34_P682_S682_213. Check the current official text before relying on it. Not legal advice.