Interest Rates on Overdue and Delinquent Debts

4150-04 Notice of Interest Rate on Overdue Debts

Section 30.18 of the Department of Health and Human Services' claims collection regulations (45 CFR Part 30) provides that the Secretary shall charge an annual rate of interest, which is determined and fixed by the Secretary of the Treasury after considering private consumer rates of interest on the date that the Department of Health and Human Services becomes entitled to recovery. The rate cannot be lower than the Department of Treasury's current value of funds rate or the applicable rate determined from the "Schedule of Certified Interest Rates with Range of Maturities" unless the Secretary waives interest in whole or part, or a different rate is prescribed by statute, contract, or repayment agreement. The Secretary of the Treasury may revise this rate quarterly. The Department of Health and Human Services publishes this rate in the Federal Register.

The current rate of 11 1/2%, as fixed by the Secretary of the Treasury, is certified for the quarter ended June 30, 2023. This rate is based on the Interest Rates for Specific Legislation, “National Health Services Corps Scholarship Program (42 USC 254o(b)(1)(A))” and “National Research Service Award Program (42 USC 288(c)(4)(B)).” This interest rate will be applied to overdue debt until the Department of Health and Human Services publishes a revision.

Director, Office of Financial Policy and Reporting
David C. Horn
(202) 260-9658
Updated: July 11, 2023

Chronological Listing of Rates:

On this page: FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010

FY 2023

FY 2022

FY 2021

FY 2020

FY 2019

FY 2018

FY 2017

FY 2016

FY 2015

FY 2014

FY 2013

FY 2012

FY 2011

FY 2010

Also see Archive of Interest on Overdue & Delinquent Debt.

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