512

U.S. DEPARTMENT OF EDUCATION
Federal Student Aid

FEDERAL HEALTH EDUCATION ASSISTANCE LOAN PROGRAM
(42 U.S.C. 292-292o) and the Consolidated Appropriations Act, 2014

HOLDER’S REPORT ON HEALTH EDUCATION ASSISTANCE LOANS (HEAL)
PRA Burden Statement: According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless such collection
displays a valid OMB control number. The valid OMB control number for this information collection is 1845-0126. Public reporting burden for this collection of
information is estimated to average 45 minutes per response, including time for reviewing instructions, searching existing data sources, gathering and maintaining
the data needed, and completing and reviewing the collection of information. The obligation to respond to this collection is required to obtain or retain benefit (Title
VII, Part A, Subpart I of the Public Health Service Act (42 U.S.C. 294m) and the Consolidated Appropriations Act, 2014). If you have comment or concerns regarding
the status of your individual submission of this form, please contact the HEAL Program, U.S. Department of Education, 830 First Street NE, Washington, DC 20202
directly. [Note: Please do not return the completed form to this address.]

INSTRUCTIONS
Complete all sections of the form which are applicable and return to:
U.S. Department of Education
HEAL@ed.gov
GENERAL INSTRUCTIONS
The holder’s report on HEAL activities is due quarterly. The report must be
completed and returned within 30 calendar days following the end of the reporting
period. Failure to submit the report on time may result in the suspension of a
holder from holding HEAL loans and or suspension of receiving payment of their
insurance claims. (34 CFR 681.42 and 681.43)
NAME AND ADDRESS OF HOLDER INSTITUTION
Enter the name and address, including zip code, of your financial institution.
HOLDER IDENTIFICATION NUMBER
Enter the six-digit number assigned by the HEAL Branch to identify your
institution. Holders having more than one identification number with outstanding
HEAL loan portfolios must complete multiple reports.
OTHER PERTINENT POINTS
For each section enter the sum of all sub-sections on the total line for the
section.
For Number of Borrowers, enter the number of unduplicated borrowers as of
the end of the reporting period.
For Number of loans, enter the number of loans as of the end of the reporting
period.
Dollar amounts should include principal plus accrued interest as of the end of the
reporting period. All amounts should be reported in whole dollars: e.g., $10,108
NOT $10,107.50
All requests for assistance or for additional information regarding the report
should be directed to the HEAL Branch at 1-844-509-8957.

PLEASE READ INSTRUCTIONS BEFORE
COMPLETING THESE SECTIONS
SECTION I. LOANS IN STUDENT STATUS AND GRACE PERIOD
I. STUDENT STATUS - Enter the total number of borrowers, loans in student
status and the total dollar amount of principal and interest outstanding for those
borrowers. Do NOT include in Student Status borrowers who are in Internship
or Residency Status.
2. GRACE PERIOD - Enter the total number of borrowers, loans in grace and
the total dollar amount of principal and interest outstanding for those borrowers
in their grace period.
SECTION II. LOANS CURRENTLY IN REPAYMENT STATUS AND
NOT PAST DUE
SECTION II reflects those total dollar amounts and number of loans to
borrowers who are beyond student status and who are not past due on their
payment; or who are in an eligible deferred status (including those in internship or
residency); or who are in forbearance status.
l. ON SCHEDULE WITH PAYMENTS - Enter the total number of
borrowers, loans in repayment status and the total dollar amount of loans
(principal and interest) for those borrowers who are making payments in
accordance with their repayment schedule.
2. DEFERRED STATUS (Including Internship and Residency) - Enter the
total number of borrowers, loans in deferred status and the total dollar amount
(principal and interest) for those borrowers who are in any deferrable status as
defined in sections 681.11 and 681.12 of the HEAL regulations including those in
an internship or residency.
3. FORBEARANCE STATUS - Enter the total number of borrowers, loans in

HEAL 512 (INSTRUCTIONS)

forbearance and the total dollar amount (principal and interest) for those
borrowers in forbearance as of the last day of the reporting period (section 681.37
of the HEAL regulations).
SECTION III. LOANS PAST DUE BY LENGTH OF TIME AS OF
THE END OF THE REPORTING PERIOD.
This section shows the distribution of HEAL borrowers, loans and unpaid balance
on HEAL loans (principal and interest) past due by length of time and discipline.
Enter the total number of borrowers, loans and the unpaid balance of their loans
according to the number of days their loans are past due. Entries for Number of
Borrowers are unduplicated numbers of borrowers; i.e., a borrower whose
payment is past due 91 days would be included only in the 91-to-150-day category.
This same relationship also applies to the dollar and number of loans entries.
SECTION IV. AMOUNT REPAID ON LOANS
Reporting of this information became effective with the reporting period, July 1,
1989 through September 30, 1989, and for all subsequent quarterly periods.
1. AMOUNT PAID ON HEAL LOANS OUTSTANDING - Enter the
number of borrowers, amount, and number of HEAL loans (principal and interest)
repaid for the HEAL loans currently outstanding (as reflected in Section V of this
report). For example, if the total amount of the borrower's loan was $15,000
(principal and interest) as of the effective date for completing this section, and if
the borrower has repaid $5,000 of that amount, then the $10,000 remaining
outstanding will be reflected in Section V, and the $5,000 repaid by the borrower
should be reported in Section IV(1).1
2. HEAL LOANS PAID IN FULL - Enter the number of borrowers, total
cumulative dollar amount and number of HEAL loans paid in full by borrowers.
(Enter total principal and interest repaid). The amount and number of these loans
were previously reported in Sections I, II, or III and will now be reflected in Section
IV. (Claims paid due to default, death, disability, or bankruptcy are NOT to be
included here).
SECTION V. TOTAL HEAL LOANS OUTSTANDING
(Sum of Sections I, II, and III.)
Total HEAL Loans Outstanding represents that amount of principal and interest
and number for all HEAL loans currently owed to and currently held by a
holder/holder. The Number of Borrowers and the Dollar Amount entered in this
Section should equal the sum of the figures shown in Section l, II, and Ill.
REMINDER: Holders should maintain a copy of this report in your official
holder records.
1Example

is for purposes of illustration only and does not necessarily reflect
variable interest which accrues.

FORM Under Review
OMB NO. 1845-0126

U.S. DEPARTMENT OF EDUCATION
Federal Student Aid

Exp. Date XX-XX-XXXX

FEDERAL HEALTH EDUCATION ASSISTANCE LOAN PROGRAM

READ INSTRUCTIONS ON REVERSE
BEFORE COMPLETING THIS FORM.

(42 U.S.C. 292-292o) and the Consolidated Appropriations Act, 2014

HOLDER’S REPORT ON HEALTH EDUCATION ASSISTANCE LOANS (HEAL)
REPORT PERIOD

____ ____ / ____ ____ / ____ ____ ____ ____
M
M
D
D
Y
Y
Y
Y

NAME AND ADDRESS OF HOLDER INSTITUTION:

COMPLETE THIS FORM AND RETURN TO:

U.S. Department of Education
HEAL@ed.gov

HOLDER’S IDENTIFICATION

____ ____ ____ ____ ____ ____

STATUS OF HEAL LOANS

NUMBER OF
BORROWERS

NUMBER OF
LOANS

SECTION I - LOANS IN STUDENT
STATUS
AND GRACE PERIOD
(1) STUDENT STATUS

DOLLAR AMOUNT

$

(2) GRACE PERIOD

$

TOTAL SECTION 1

$

SECTION II - LOANS CURRENTLY IN
REPAYMENT
STATUS AND NOT PAST DUE

$

(1) ON SCHEDULE WITH PAYMENTS
(2) DEFERRED STATUS

$

(3) FORBEARANCE

$

TOTAL SECTION II

$

SECTION III - LOANS PAST DUE
(1) 1 - 90 DAYS

$

(2) 91 - 150 DAYS

$

(3) OVER 150 DAYS

$

TOTAL SECTION III

$

SECTION IV - AMOUNT REPAID ON
LOANS
(1) AMOUNT PAID ON HEAL LOANS
OUTSTANDING

$

(2) HEAL LOANS PAID IN FULL

$

TOTAL SECTION IV

$

SECTION V - TOTAL HEAL LOANS
OUTSTANDING
(THE SUM OF SECTIONS 1, 11,
SIGNATURE OF AUTHORIZED OFFICIAL NAME) AND TITLE (PRINT OR TYPE)

$
DATE

TELEPHONE (Include area code)
(

)

WARNING: Any person who knowingly makes a false statement of misrepresentation on this form may be subject to a fine of up to $10,000 or to imprisonment
of up to five years or both under provisions of the United States Criminal Code. Such provision may include among others, 18 U.S.C. 1001.

HEAL 512