34 C.F.R. § 85.711 When does a suspension affect title IV, HEA transactions?
Title 34 - Education
(a) A suspension under §85.611(a) takes effect immediately if the Secretary takes an emergency action under 34 CFR part 668, subpart G or 34 CFR part 682, subpart D or G at the same time the Secretary issues the suspension. (b)(1) Except as provided under paragraph (a) of this section, a suspension under §85.611(a) takes effect 20 days after those procedures are complete. (2) If the respondent appeals the suspension to the Secretary before the expiration of the 20 days under paragraph (b)(1) of this section, the suspension takes effect when the respondent receives the Secretary's decision. Authority: E.O. 12549 (3 CFR, 1986 Comp., p. 189), E.O. 12689 (3 CFR, 1989 Comp., p. 235); 20 U.S.C. 1082, 1094, 1221e–3 and 3474; and Sec. 2455 of Pub. L. 103–355, 108 Stat. 3243 at 3327. [68 FR 66613, Nov. 26, 2003]
Title 34: Education
PART 85—GOVERNMENTWIDE DEBARMENT AND SUSPENSION (NONPROCUREMENT)
Subpart G—Suspension
§ 85.711 When does a suspension affect title IV, HEA transactions?

