---
kind: "section"
citation: "25 C.F.R. § 41.47"
title: "25"
number: "41.47"
heading: "Are Tribal colleges or universities eligible for endowments?"
url: "https://uscodex.org/cfr/25/41.47"
---

# §41.47. Are Tribal colleges or universities eligible for endowments?


Yes. Tribal colleges and universities are eligible for endowments under a signed agreement between the Tribal college and university and the Secretary as described in [25 U.S.C. 1832](/usc/25/1832.md). Endowments must be invested in a trust fund and the Tribal college or university may only use the interest deposited for the purpose of defraying expenses associated with the operation of the Tribal college or university ([25 U.S.C. 1833](/usc/25/1833.md)).


## Notes

### Authority

Authority: Public Law 95-471, Oct. 17, 1978, 92 Stat. 1325; amended Public Law 98-192, Dec. 1, 1983, 97 Stat. 1335; Public Law 99-428, Sept. 30, 1986, 100 Stat. 982; Public Law 105-244, Oct. 7, 1998, 112 Stat. 1619; Public Law 110-315, Aug. 14, 2008, 122 Stat. 3460; 25 U.S.C. 1801 et seq.; Public Law 98-192, Dec. 15, 1971, 85 Stat. 646; and Public Law 110-315, Aug. 14, 2008, 122 Stat. 3468; 25 U.S.C. 640a et seq.

### Source

Source: 81 FR 38587, June 14, 2016, unless otherwise noted.