34 C.F.R. § 30.21

Current through October 31, 2024
Section 30.21 - When may the Secretary offset a debt?
(a) The Secretary may offset a debt if:
(1) The debt is liquidated or certain in amount; and
(2) Offset is feasible and not otherwise prohibited.
(b)
(1) Whether offset is feasible is determined by the Secretary in the exercise of sound discretion on a case-by-case basis, either:
(i) For each individual debt or offset; or
(ii) For each class of similar debts or offsets.
(2) The Secretary considers the following factors in making this determination:
(i) Whether offset can be practically and legally accomplished.
(ii) Whether offset will further and protect the interests of the United States.
(c) The Secretary may switch advance funded grantees to a reimbursement payment system before initiating an offset.

34 C.F.R. §30.21

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