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 7/8%, as fixed by the Secretary of the Treasury, is certified for the quarter ended June 30, 2024. 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, 2024
Chronological Listing of Rates:
On this page: FY 2024 | 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 2024
Treasury Certification | HHS Application | Rate |
---|---|---|
April – June 2024 | July – September 2024 | 11 7/8% |
January - March 2024 | April - June 2024 | 12 1/2% |
October - December 2023 | January – March 2024 | 12 3/8% |
July - September 2023 | October - December 2023 | 12 1/8% |
FY 2023
Treasury Certification | HHS Application | Rate |
---|---|---|
April - June 2023 | July - September 2023 | 11 1/2% |
January - March 2023 | April - June 2023 | 11 1/2% |
October - December 2022 | January - March 2023 | 11 1/4% |
July - September 2022 | October - December 2022 | 10 1/8% |
FY 2022
Treasury Certification | HHS Application | Rate |
---|---|---|
April - June 2022 | July - September 2022 | 8 3/4% |
January - March 2022 | April - June 2022 | 9 3/8% |
October - December 2021 | January – March 2022 | 9 1/8% |
July - September 2021 | October - December 2021 | 9 3/8% |
FY 2021
Treasury Certification | HHS Application | Rate |
---|---|---|
April - June 2021 | July - September 2021 | 9 5/8% |
January – March 2021 | April - June 2021 | 9 1/2% |
October - December 2020 | January - March 2021 | 9 5/8% |
July - September 2020 | October - December 2020 | 9 3/8% |
FY 2020
Treasury Certification | HHS Application | Rate |
---|---|---|
April - June 2020 | July - September 2020 | 9 1/2% |
January - March 2020 | April - June 2020 | 9 5/8% |
October - December 2019 | January - March 2020 | 10 1/4% |
July - September 2019 | October - December 2019 | 10 1/8% |
FY 2019
Treasury Certification | HHS Application | Rate |
---|---|---|
April - June 2019 | July - September 2019 | 10 5/8% |
January - March 2019 | April - June 2019 | 10 3/8% |
October - December 2018 | January – March 2019 | 10 3/4% |
July - September 2018 | October - December 2018 | 10 1/8% |
FY 2018
Treasury Certification | HHS Application | Rate |
---|---|---|
April – June 2018 | July – September 2018 | 10 1/4% |
January - March 2018 | April – June 2018 | 10 1/4% |
October - December 2017 | January – March 2018 | 10 5/8% |
July - September 2017 | October - December 2017 | 9 3/4% |
FY 2017
Treasury Certification | HHS Application | Rate |
---|---|---|
April – June 2017 | July – September 2017 | 10 1/8% |
January – March 2017 | April – June 2017 | 10% |
October - December 2016 | January – March 2017 | 9 1/2% |
July – September 2016 | October – December 2016 | 9 5/8% |
FY 2016
Treasury Certification | HHS Application | Rate |
---|---|---|
July – September 2016 | October – December 2016 | 9 5/8% |
April - June 2016 | July - September 2016 | 9 5/8% |
January - March 2016 | April - June 2016 | 10.0% |
October - December 2015 | January – March 2016 | 9 3/4% |
FY 2015
Treasury Certification | HHS Application | Rate |
---|---|---|
July – September 2015 | October – December 2015 | 10.0% |
April - June 2015 | July – September 2015 | 9 3/4% |
January - March 2015 | April – June 2015 | 9 7/8% |
October - December 2014 | January – March 2015 | 10 1/2% |
FY 2014
Treasury Certification | HHS Application | Rate |
---|---|---|
July – September 2014 | October – December 2014 | 10 3/4% |
April – June 2014 | July – September 2014 | 9 5/8% |
January - March 2014 | April – June 2014 | 10 1/8% |
October - December 2013 | January – March 2014 | 10 1/8% |
FY 2013
Treasury Certification | HHS Application | Rate |
---|---|---|
July – September 2013 | October – December 2013 | 10 1/8% |
April – June 2013 | July – September 2013 | 10 3/8% |
January – March 2013 | April – June 2013 | 10 1/8% |
October - December 2012 | January - March 2013 | 10 5/8% |
FY 2012
Treasury Certification | HHS Application | Rate |
---|---|---|
July – September 2012 | October – December 2012 | 10 3/8% |
April – June 2012 | July – September 2012 | 11% |
January – March 2012 | April – June 2012 | 10 7/8% |
October – December 2011 | January – March 2012 | 10 1/2% |
FY 2011
Treasury Certification | HHS Application | Rate |
---|---|---|
July – September 2011 | October – December 2011 | 10 7/8% |
April – June 2011 | July – September 2011 | 11 1/2% |
January - March 2011 | April – June 2011 | 11% |
October - December 2010 | January – March 2011 | 11% |
FY 2010
Treasury Certification | HHS Application | Rate |
---|---|---|
October - December 2009 | January – March 2010 | 11 1/4% |
January - March 2010 | April – June 2010 | 10 7/8% |
April - June 2010 | July – September 2010 | 11% |
July - September 2010 | October - December 2010 | 10 3/4% |
Also see Archive of Interest on Overdue & Delinquent Debt.
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