20 USC § 1103f - Penalties

---
identifier: "/us/usc/t20/s1103f"
source: "usc"
legal_status: "official_prima_facie"
title: "20 USC § 1103f - Penalties"
title_number: 20
title_name: "EDUCATION"
section_number: "1103f"
section_name: "Penalties"
chapter_number: 28
chapter_name: "HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE"
subchapter_number: "V"
subchapter_name: "DEVELOPING INSTITUTIONS"
part_number: "C"
part_name: "General Provisions"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 89–329, title V, § 527, formerly § 517, as added Pub. L. 105–244, title V, § 501, Oct. 7, 1998, 112 Stat. 1774; renumbered § 527, Pub. L. 110–315, title V, § 502(a)(2), Aug. 14, 2008, 122 Stat. 3331.)"
---


# § 1103f. 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 that 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.

---

**Source Credit**: (Pub. L. 89–329, title V, § 527, formerly § 517, as added Pub. L. 105–244, title V, § 501, Oct. 7, 1998, 112 Stat. 1774; renumbered § 527, Pub. L. 110–315, title V, § 502(a)(2), Aug. 14, 2008, 122 Stat. 3331.)

## Editorial Notes

### Prior Provisions

A prior section 1103f, , as added , , , related to evaluation of system of National Teacher Academies, prior to the general amendment of this subchapter by .

A prior  was classified to , prior to the general amendment of this subchapter by .

Another prior  was classified to , prior to repeal by .