# 34 CFR § 682.203: Responsible parties

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-34-682.203

## Section

- **Citation:** 34 CFR § 682.203
- **Heading:** Responsible parties
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 34—Education > Subtitle B—Regulations of the Offices of the Department of Education > CHAPTER VI—OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION > PART 682—FEDERAL FAMILY EDUCATION LOAN (FFEL) PROGRAM > Subpart B—General Provisions

## Text

(a) Delegation of functions. A school, lender, or guaranty agency may contract or otherwise delegate the performance of its functions under the Act and this part to a servicing agency or other party. This contracting or other delegation of functions does not relieve the school, lender, or guaranty agency of its duty to comply with the requirements of the Act and this part.
(b) Trustee responsibility. A lender that holds a loan in its capacity as a trustee assumes responsibility for complying with all statutory and regulatory requirements imposed on any other holders of a loan.
(Authority: 20 U.S.C. 1082)

## Nearby sections

- [34 CFR § 682.100 § 682.100 The Federal Family Education Loan programs.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.100.md)
- [34 CFR § 682.101 § 682.101 Participation in the FFEL programs.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.101.md)
- [34 CFR § 682.102 § 682.102 Repaying a loan.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.102.md)
- [34 CFR § 682.103 § 682.103 Applicability of subparts.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.103.md)
- [34 CFR § 682.200 § 682.200 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.200.md)
- [34 CFR § 682.201 § 682.201 Eligible borrowers.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.201.md)
- [34 CFR § 682.202 § 682.202 Permissible charges by lenders to borrowers.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.202.md)
- [34 CFR § 682.203 § 682.203 Responsible parties.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.203.md)
- [34 CFR § 682.204 § 682.204 Maximum loan amounts.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.204.md)
- [34 CFR § 682.205 § 682.205 Disclosure requirements for lenders.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.205.md)
- [34 CFR § 682.208 § 682.208 Due diligence in servicing a loan.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.208.md)
- [34 CFR § 682.209 § 682.209 Repayment of a loan.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.209.md)
- [34 CFR § 682.210 § 682.210 Deferment.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.210.md)
- [34 CFR § 682.211 § 682.211 Forbearance.](https://www.frixlaw.com/law-library/statutes/ecfr-34-682.211.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-34-682.203. Check the current official text before relying on it. Not legal advice.