(a) Required information. Before disbursing an amount from an education award to repay a qualified student loan, AmeriCorps must receive:
- (1) An Eligible Individual's written authorization and request for a specific payment amount; and
- (2) Any identifying and other information from the loan holder as requested by AmeriCorps.
- (b) Payment. When AmeriCorps receives the information required under paragraph (a) of this section, it will pay the loan holder and notify the Eligible Individual of the payment.
- (c) Aggregate payments. AmeriCorps may establish procedures to aggregate payments to holders of loans for more than a single individual.