Upon the finalization of setoff through administrative or judicial action, the Higher Education Student Assistance Authority shall notify the debtor in writing of the action and of any outstanding balance remaining due after the setoff. If there is an outstanding prize balance remaining after the setoff, it shall be disbursed by the Department of the Treasury to the debtor.
N.J. Admin. Code § 17:43-1.10
See: 35 New Jersey Register 2416(a), 35 New Jersey Register 5161(a).
Substituted "the Higher Education Student Assistance Authority" for "[OSA]", inserted "the Department of the" preceding "Treasury".