Treasury Offset Program (TOP)

What is Treasury Offset Program (TOP)?

Treasury Offset Program (TOP) meaning A debt collection tool that allows the government to seize income tax refunds and certain government benefits (for example, Social Security benefits) from individuals who owe debts to the federal government. This tool may be used to collect amounts owed on federal student loans by borrowers who are in default.

 

reference: Federal Student Aid – Glossary

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