Eligibility for loans.

A participant can apply for a TSP general purpose or residential loan if: (a) More than 30 business days have elapsed since the participant has repaid in full any TSP loan; (b) The participant is in pay status; (c) The participant is eligible to contribute to the TSP; and (d) The participant has at least $1,000 in employee contributions and attributable earnings in his or her account. Paragraph (b) of this section shall not apply to loan requests made during a Government shutdown by participants who are furloughed or excepted from furlough due to the Government shutdown. [87 FR 31692, May 24, 2022]