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Current as of January 02, 2025 | Updated by Findlaw Staff
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))
Cite this article: FindLaw.com - Code of Federal Regulations Title 34. Education § 34.30.31 How does the Secretary apply funds recovered by offset if multiple debts are involved? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-34-education/cfr-sect-34-30-31/
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