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 12 3/8%, as fixed by the Secretary of the Treasury, is certified for the quarter ended December 31, 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: January 10, 2025

Chronological Listing of Rates:

On this page: FY 2025 | 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 2025

Treasury CertificationHHS ApplicationRate
October – December 2024January – March 202512 3/8%
July – September 2024October – December 202412 3/8%

FY 2024

Treasury CertificationHHS ApplicationRate
April – June 2024July – September 202411 7/8%
January – March 2024April – June 202412 1/2%
October – December 2023January – March 202412 3/8%
July – September 2023October – December 202312 1/8%

FY 2023

Treasury CertificationHHS ApplicationRate
April - June 2023July - September 202311 1/2%
January - March 2023April - June 202311 1/2%
October - December 2022January - March 202311 1/4%
July - September 2022October - December 202210 1/8%

FY 2022

Treasury CertificationHHS ApplicationRate
April - June 2022July - September 20228 3/4%
January - March 2022April - June 20229 3/8%
October - December 2021January – March 20229 1/8%
July - September 2021October - December 20219 3/8%

FY 2021

Treasury CertificationHHS ApplicationRate
April - June 2021July - September 20219 5/8%
January – March 2021April - June 20219 1/2%
October - December 2020January - March 20219 5/8%
July - September 2020October - December 20209 3/8%

FY 2020

Treasury CertificationHHS ApplicationRate
April - June 2020July - September 20209 1/2%
January - March 2020April - June 20209 5/8%
October - December 2019January - March 202010 1/4%
July - September 2019October - December 201910 1/8%

FY 2019

Treasury CertificationHHS ApplicationRate
April - June 2019July - September 201910 5/8%
January - March 2019April - June 201910 3/8%
October - December 2018January – March 201910 3/4%
July - September 2018October - December 201810 1/8%

FY 2018

Treasury CertificationHHS ApplicationRate
April – June 2018July – September 201810 1/4%
January - March 2018April – June 201810 1/4%
October - December 2017January – March 201810 5/8%
July - September 2017October - December 20179 3/4%

FY 2017

Treasury CertificationHHS ApplicationRate
April – June 2017July – September 201710 1/8%
January – March 2017April – June 201710%
October - December 2016January – March 20179 1/2%
July – September 2016October – December 20169 5/8%

FY 2016

Treasury CertificationHHS ApplicationRate
July – September 2016October – December 20169 5/8%
April - June 2016July - September 20169 5/8%
January - March 2016April - June 201610.0%
October - December 2015January – March 20169 3/4%

FY 2015

Treasury CertificationHHS ApplicationRate
July – September 2015October – December 201510.0%
April - June 2015July – September 20159 3/4%
January - March 2015April – June 20159 7/8%
October - December 2014January – March 201510 1/2%

FY 2014

Treasury CertificationHHS ApplicationRate
July – September 2014October – December 201410 3/4%
April – June 2014July – September 20149 5/8%
January - March 2014April – June 201410 1/8%
October - December 2013January – March 201410 1/8%

FY 2013

Treasury CertificationHHS ApplicationRate
July – September 2013October – December 201310 1/8%
April – June 2013July – September 201310 3/8%
January – March 2013April – June 201310 1/8%
October - December 2012January - March 201310 5/8%

FY 2012

Treasury CertificationHHS ApplicationRate
July – September 2012October – December 201210 3/8%
April – June 2012July – September 201211%
January – March 2012April – June 201210 7/8%
October – December 2011January – March 201210 1/2%

FY 2011

Treasury CertificationHHS ApplicationRate
July – September 2011October – December 201110 7/8%
April – June 2011July – September 201111 1/2%
January - March 2011April – June 201111%
October - December 2010January – March 2011 11%

FY 2010

Treasury CertificationHHS ApplicationRate
October - December 2009January – March 2010 11 1/4%
January - March 2010April – June 201010 7/8%
April - June 2010July – September 2010 11%
July - September 2010October - December 201010 3/4%

 

Also see Archive of Interest on Overdue & Delinquent Debt.

 

Back to Financial Policy Library

Content created by Office of Finance (OF)
Content last reviewed