§609.31. How does the Secretary determine the amount of a grant?
34 C.F.R. § 609.31
Of the amount appropriated for any fiscal year—
The first $12,000,000 (or any lesser amount appropriated) shall be available only for the purpose of making grants to institutions or programs described in § 609.2(b)(1) through § 609.2(b)(5);
If the sum of the approved applications does not exceed the amount appropriated, the Secretary awards grants in the amounts requested and approved;
If the sum of the approved requests exceeds the sum appropriated, and Morehouse School of Medicine submits an approved request for at least $3,000,000, and the amount appropriated exceeds $3,000,000, the Secretary awards no less than $3,000,000 to Morehouse School of Medicine and reduces the grants to the institutions described in § 609.2(b)(1) through § 609.2(b)(5) as the Secretary considers appropriate, so that the sum of the approved grants equals the amount appropriated; and
If Morehouse School of Medicine submits an approved request for at least $3,000,000 and the amount appropriated does not exceed $3,000,000, Morehouse School of Medicine receives all the appropriated funds; and
Any amount appropriated in excess of $12,000,000 shall be available for the purpose of making grants, in equal amounts not to exceed $500,000, to institutions or programs described in § 609.2(b)(6) through § 609.2(b)(16); and
If any funds remain, the Secretary makes grants to institutions or programs described in § 609.2(b)(1) through § 609.2(b)(16).
Notes, amendments, and revision history
Authority
Authority: 20 U.S.C. 1060 through 1063c, and 1068 through 1068h, unless otherwise noted.
Source
Source: 59 FR 38717, July 20, 1993, unless otherwise noted.