---
kind: "section"
citation: "34 C.F.R. § 222.195"
title: "34"
number: "222.195"
heading: "How does the Secretary make funds available to grantees?"
url: "https://uscodex.org/cfr/34/222.195"
---

# §222.195. How does the Secretary make funds available to grantees?


The Secretary makes funds available to a grantee during a project period using the following procedure:

- (a) Upon final approval of the grant proposal, the Secretary authorizes a project period of up to 60 months based upon the nature of the grant proposal and the time needed to complete the project.
- (b) **The Secretary then initially makes available to the grantee 10 percent of the total award amount.**
- (c) After the grantee submits a copy of the emergency or modernization contract approved by the grantee's governing board, the Secretary makes available 80 percent of the total award amount to a grantee.
- (d) The Secretary makes available up to the remaining 10 percent of the total award amount to the grantee after the grantee submits a statement that—
  - (1) Details any earnings, savings, or interest;
  - (2) **Certifies that—**
    - (i) The project is fully completed; and
    - (ii) All the awarded funds have been spent for grant purposes; and
  - (3) **Is signed by the—**
    - (i) Chairperson of the governing board;
    - (ii) Superintendent of schools; and
    - (iii) **Architect of the project.**

## Notes

### Source

Source: 69 FR 12235, Mar. 15, 2004, unless otherwise noted.

### Authority

Authority: 20 U.S.C. 7701-7714; Pub. L. 111-256, 124 Stat. 2643; unless otherwise noted.

### Source

Source: 60 FR 50778, Sept. 29, 1995, unless otherwise noted.
