§642.26. How does the Secretary set the amount of a grant?

34 C.F.R. § 642.26

(a)

The Secretary sets the amount of a grant on the basis of—

(1)

34 CFR 75.232 and 75.233, for a new grant; and

(2)

34 CFR 75.253, for the second year of a project period.

(b)

The Secretary uses the available funds to set the amount of the grant at the lesser of—

(1)

170,000; or

(2)

The amount requested by the applicant.

Notes, amendments, and revision history

[75 FR 65774, Oct. 26, 2010]

Source: Redesignated at 75 FR 65772, Oct. 26, 2010, unless otherwise noted.

Authority: 20 U.S.C. 1070a-11 and 1070a-17, unless otherwise noted.

Source: 47 FR 17788, Apr. 23, 1982, unless otherwise noted.

[75 FR 65774, Oct. 26, 2010]