(a) Authorized uses. An education award may be used--
(1) To repay qualified student loans in accordance with Sec. 2528.20;
(2) To pay all or part of the current educational expenses at an institution of higher education in accordance with Sec. Sec. 2528.30 through 2528.50;
(3) To pay expenses incurred in enrolling in a G.I. Bill approved program, in accordance with Sec. Sec. 2528.60-80.
(b) Multiple uses. An education award is divisible and may be applied to any combination of loans, costs, or expenses described in paragraph (a) of this section. [64 FR 37415, July 12, 1999, as amended at 67 FR 45361, July 9, 2002; 75 FR 51412, Aug. 20, 2010]