Current through September 30, 2024
Section 81.36 - Compromise of claims under General Education Provisions Act(a) The Secretary or an authorized Departmental official as appropriate may compromise a claim established under this subpart without following the procedures in 4 CFR part 103 if-(1)(i) The amount of the claim does not exceed $200,000; or(ii) The difference between the amount of the claim and the amount agreed to be returned does not exceed $200,000; and(2) The Secretary or the official determines that- (i) The collection of the amount by which the claim is reduced under the compromise would not be practical or in the public interest; and(ii) The practice that resulted in the disallowance decision has been corrected and will not recur.(b) Not less than 45 days before compromising a claim under this section, the Department publishes a notice in the FEDERAL REGISTER stating- (1) The intention to compromise the claim; and(2) That interested persons may comment on the proposed compromise.54 FR 19512, May 5, 1989. Redesignated at 58 FR 43473, Aug. 16, 1993 Authority: 20 U.S.C. 1221e-3 , 1234(f)(1) , 1234a (j) , and 3474(a)