[Code of Federal Regulations]

[Title 34, Volume 1]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 34CFR30.31]



[Page 55]

 

                           TITLE 34--EDUCATION

 

PART 30_DEBT COLLECTION--Table of Contents

 

        Subpart C_What Provisions Apply to Administrative Offset?

 

Sec.  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))



                    IRS Tax Refund Offset Procedures