§675.46. Unallowable costs.
34 C.F.R. § 675.46
An institution participating in the Work-Colleges program may not use its allocated and reallocated program funds and transferred funds provided under its Federal Perkins Loan or its FWS program to pay costs related to the purchase, construction, or alteration of physical facilities or indirect administrative costs.
Notes, amendments, and revision history
Source
Source: 59 FR 61418, Nov. 30, 1994, unless otherwise noted.
Authority
Authority: 20 U.S.C. 1070g, 1094; 42 U.S.C. 2751-2756b; unless otherwise noted
Source
Source: 52 FR 45770, Dec. 1, 1987, unless otherwise noted.