Section 668.94 - LimitationA limitation may include, as appropriate to the Title IV, HEA program in question-
(a) A limit on the number or percentage of students enrolled in an institution who may receive Title IV, HEA program funds;(b) A limit, for a stated period of time, on the percentage of an institution's total receipts from tuition and fees derived from Title IV, HEA program funds;(c) A limit on the number or size of institutions with which a third-party servicer may contract;(d) A limit on the number of borrower or loan accounts that a third-party servicer may service under a contract with an institution;(e) A limit on the responsibilities that a third-party servicer may perform under a contract with an institution;(f) A requirement for a third-party servicer to perform additional responsibilities under a contract with an institution;(g) A requirement that an institution obtain surety, in a specified amount, to assure its ability to meet its financial obligations to students who receive Title IV, HEA program funds;(h) A change in the participation status of the institution from fully certified to participate to provisionally certified to participate under § 668.13(c) .(i) A requirement that a third-party servicer obtain surety, in a specified amount, to assure the servicer's ability to meet the servicer's financial obligations under a contract; or(j) Other conditions as may be determined by the Secretary to be reasonable and appropriate.59 FR 22450, Apr. 29, 1994. 81 FR 76072, Nov. 1, 2016. Redesignated at 82 FR 6257, Jan. 17, 2017 Authority: 20 U.S.C. 1094