Code of Federal Regulations (alpha)

CFR /  Title 7  /  Part 764  /  Sec. 764.459 Evaluation of borrower progress.

(a) The vendor must provide the Agency with a periodic progress report for each borrower enrolled in training in accordance with the agreement to complete training. The reports will indicate whether the borrower is attending sessions, completing the training program, and demonstrating an understanding of the course material.

(b) Upon borrower completion of the training, the vendor must provide the Agency with an evaluation of the borrower's knowledge of the course material and assign a score. The following table lists the possible scores, the criteria used to assign each score, and Agency consideration of each score: ------------------------------------------------------------------------

Criteria used to

Score determine score Agency consideration------------------------------------------------------------------------1................. If the borrower:

Training requirement

Attended sessions as associated with course

agreed,. is complete.

Satisfactorily completed

all assignments, and.

Demonstrated an

understanding of the

course material..2................. If the borrower:

Training requirement

Attended sessions as associated with couse is

agreed, and. complete. Additional

Agency supervision may

Attempted to complete be necessary.

all assignments, but.

Does

not demonstrate an

understanding of the

course material..3................. If the borrower did not:

Training requirement

Attend sessions as associated with course

agreed, or. is not complete. The

borrower is ineligible

Attempt to complete for future direct loans

assignments, or. until the training is

completed.

Otherwise make a good

faith effort to complete

the training..------------------------------------------------------------------------