34 CFR 30.31 - How does the Secretary apply funds recovered by offset if multiple debts are involved?

Regulations last checked for updates: May 13, 2024

Title 34 - Education last revised: Apr 29, 2024

View all text of Subpart C [§ 30.20 - § 30.35]

§ 30.31 - How does the Secretary apply funds recovered by offset if multiple debts are involved?

If the Secretary collects more than one debt of a debtor by administrative offset, the Secretary applies the recovered funds to satisfy those debts based on the Secretary's determination of the best interests of the United States, determined by the facts and circumstances of the particular case.

(Authority: 20 U.S.C. 1221e-3(a)(1) and 1226a-1, 31 U.S.C. 3716(b))

authority: 20 U.S.C. 1221e-3(a)(1), and 1226a-1, 31 U.S.C. 3711(e), 31 U.S.C. 3716(b) and 3720A, unless otherwise noted

source: 51 FR 24099, July 1, 1986, unless otherwise noted.

cite as: 34 CFR 30.31