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

Code of Federal Regulations - Title 34: Education

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Title 34: Education

Subtitle A: Office of the Secretary, Department of Education

:

DEBT COLLECTION

Subpart C: What Provisions Apply to Administrative Offset

: General Offset Procedures

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))



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