34.24—Refunds.
(a)
STATE will refund promptly to the appropriate individual amounts offset under this regulation when:
(1)
A debt is waived or otherwise found not owing the United States (unless expressly prohibited by statute or regulation); or
(2)
STATE is directed by an administrative or judicial order to make a refund.
(b)
Refunds do not bear interest unless required or permitted by law or contract.