When does an exclusion by another agency affect the ability of the excluded person to participate in a title IV, HEA transaction?

CFR · 2024-01-01 · US · Title 2

(a) If a title IV, HEA participant is debarred by another agency under E.O. 12549, using procedures described in paragraph (d) of this section, that party is not eligible to enter into title IV, HEA transactions for the duration of the debarment. (b)(1) If a title IV, HEA participant is suspended by another agency under E.O. 12549 or under a proposed debarment under the Federal Acquisition Regulation (FAR) (48 CFR part 9, subpart 9.4), using procedures described in paragraph (d) of this section, that party is not eligible to enter into title IV, HEA transactions for the duration of the suspension. (2)(i) The suspension of title IV, HEA eligibility as a result of suspension by another agency lasts for at least 60 days. (ii) If the excluded party does not object to the suspension, the 60-day period begins on the 35th day after that agency issues the notice of suspension. (iii) If the excluded party objects to the suspension, the 60-day period begins on the date of the decision of the suspending official. (3) The suspension of title IV, HEA eligibility does not end on the 60th day if— (i) The excluded party agrees to an extension; or (ii) Before the 60th day we begin a limitation or termination proceeding against the excluded party under 34 CFR part 668, subpart G, or part 682, subpart D or G. (c)(1) If a title IV, HEA participant is debarred or suspended by another Federal agency— (i) We notify the participant whether the debarment or suspension prohibits participation in title

official document · source cfr-2024 · id 2:§ 3485.612