---
kind: "section"
citation: "34 C.F.R. § 692.113"
title: "34"
number: "692.113"
heading: "What are the matching requirements for the GAP Program?"
url: "https://uscodex.org/cfr/34/692.113"
---

# §692.113. What are the matching requirements for the GAP Program?

- (a) **The matching funds of a partnership—**
  - (1) Shall be funds used for making LEAP Grants to eligible students under this subpart;
  - (2) **May be—**
    - (i) Cash; or
    - (ii) **A noncash, in-kind contribution that—**
      - (A) Is fairly evaluated;
      - (B) Has monetary value, such as a tuition waiver or provision of room and board, or transportation;
      - (C) Helps a student meet the cost of attendance at an institution of higher education; and
      - (D) Is considered to be estimated financial assistance under [34 CFR 673.5(c)](/cfr/34/673.5.md?p=c); and
  - (3) May be funds from the State, institutions of higher education, or philanthropic organizations or private corporations that are used to make LEAP Grants under GAP.
- (b) The non-Federal match of the Federal allotment shall be—
  - (1) Forty-three percent of the expenditures under this subpart if a State applies for a GAP allotment in partnership with—
    - (i) Any number of degree-granting institutions of higher education in the State whose combined full-time enrollment represents less than a majority of all students attending institutions of higher education in the State as determined by the Secretary using the most recently available data from IPEDS; and
    - (ii) **One or both of the following—**
      - (A) Philanthropic organizations that are located in, or that provide funding in, the State; or
      - (B) Private corporations that are located in, or that do business in, the State; and
  - (2) Thirty-three and thirty-four one-hundredths percent of the expenditures under this subpart if a State applies for a GAP allotment in partnership with—
    - (i) Any number of degree-granting institutions of higher education in the State whose combined full-time enrollment represents a majority of all students attending institutions of higher education in the State as determined by the Secretary using the most recently available data from IPEDS; and
    - (ii) **One or both of the following—**
      - (A) Philanthropic organizations that are located in, or that provide funding in, the State; or
      - (B) **Private corporations that are located in, or that do business in, the State.**
- (c) Nothing in this part shall be interpreted as limiting a State or other member of a partnership from expending funds to support the activities of a partnership under this subpart that are in addition to the funds matching the Federal allotment.

## Notes

### Source

Source: 74 FR 55952, Oct. 29, 2009, unless otherwise noted.

### Authority

Authority: 20 U.S.C. 1070c-1070c-4, unless otherwise noted.

### Source

Source: 52 FR 45433, Nov. 27, 1987, unless otherwise noted.