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Code of Federal Regulations Title 34. Education § 34.81.30 Basis for recovery of funds

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) Subject to the provisions of § 81.31, an authorized Departmental official requires a recipient to return funds to the Department if—

(1) The recipient made an unallowable expenditure of funds under a grant or cooperative agreement;  or

(2) The recipient otherwise failed to discharge its obligation to account properly for funds under a grant or cooperative agreement.

(b) An authorized Departmental official may base a decision to require a recipient to return funds upon an audit report, an investigative report, a monitoring report, or any other evidence.

(Authority:  20 U.S.C. 1234a(a) (1) and (2))

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Cite this article: FindLaw.com - Code of Federal Regulations Title 34. Education § 34.81.30 Basis for recovery of funds - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-34-education/cfr-sect-34-81-30/

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