5 CFR §1639.29
- (a)If the Board is the creditor agency, it will promptly refund any amount deducted under the authority of 5 U.S.C. 5514, when:
- (1)The debt is waived or all or part of the funds deducted are otherwise found not to be owed; or
- (2)An administrative or judicial order directs the Board to make a refund.
- (b)Unless required or permitted by law or contract, refunds under this section will not bear interest.