U.S.C. Title 20 - EDUCATION 20 U.S.C. United States Code, 2024 Edition Title 20 - EDUCATION CHAPTER 28 - HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE SUBCHAPTER III - INSTITUTIONAL AID Part G - General Provisions Sec. 1068f - Penalties From the U.S. Government Publishing Office, www.gpo.gov §1068f. Penalties Whoever, being an officer, director, agent, or employee of, or connected in any capacity with, any recipient of Federal financial assistance or grant pursuant to this subchapter embezzles, willfully misapplies, steals, or obtains by fraud any of the funds which are the subject of such grant or assistance, shall be fined not more than $10,000 or imprisoned for not more than 2 years, or both. (Pub. L. 89–329, title III, §397, formerly §358, as added Pub. L. 99–498, title III, §301(a), Oct. 17, 1986, 100 Stat. 1307; renumbered §397, Pub. L. 105–244, title III, §301(a)(2), Oct. 7, 1998, 112 Stat. 1636.) Editorial Notes Codification Section was formerly classified to section 1069d of this title prior to renumbering by Pub. L. 105–244.
20 U.S.C. § 1068f
§1068f. Penalties
Edition 2024