Per Federal Financial Aid Regulations 34 CFR 668.40, HEAO Sec. 488(g), amended HEA Sec. 485 (20 U.S.C. 1092), HEA Sec. 485(k):
In compliance with the above regulation, this statement serves as notice that a student who has a drug conviction for any offense during a period of enrollment for which the student was receiving Title IV HEA program funds (Federal Pell, Supplemental Education Opportunity Grant, Federal Work-Study, Federal Perkins Loan, Federal Stafford Loans, Federal PLUS Loans, Federal Grad PLUS Loans) under any federal or state law involving the possession or sale of illegal drugs will result in the loss of eligibility for any Title IV program funds (see above listing of program funds).