20 U.S.C. · Education
20 U.S.C. § 10784

Commingling of funds

Ch. 28 — HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE
Title 20 U.S.C. ● ACTIVE Primary Source Ch. 28
Statutory Text

20 U.S.C. § 10784 — Commingling of funds

U.S.C. Title 20 - EDUCATION 20 U.S.C. United States Code, 2023 Edition Title 20 - EDUCATION CHAPTER 28 - HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE SUBCHAPTER IV - STUDENT ASSISTANCE Part B - Federal Family Education Loan Program Sec. 1078-4 - Commingling of funds From the U.S. Government Publishing Office, www.gpo.gov

§1078–4. Commingling of funds

Notwithstanding any other provision of this part regarding permissible uses of funds from any source, funds received by a guaranty agency under any provision of this part may be commingled with funds received under any other provision of this part and may be used to carry out the purposes of such other provision, except that— (1) the total amount expended for the purposes of such other provision shall not exceed the amount the guaranty agency would otherwise be authorized to expend; and (2) the authority to commingle such funds shall not relieve such agency of any accounting or auditing obligations under this part.

(Pub. L. 89–329, title IV, §428D, as added Pub. L. 99–498, title IV, §402(a), Oct. 17, 1986, 100 Stat. 1393.)

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20 U.S.C. § 10784
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The statutory text of 20 U.S.C. § 10784 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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