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Code of Federal Regulations Title 34. Education § 34.226.21 How may charter schools use these funds?

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) Charter schools that receive grant funds through their State must use the funds for facilities. Except as provided in paragraph (b) of this section, allowable expenditures include:

(1) Rent.

(2) Purchase of building or land.

(3) Construction.

(4) Renovation of an existing school facility.

(5) Leasehold improvements.

(6) Debt service on a school facility.

(b) Charter schools may not use these grant funds for purchasing land when they have no immediate plans to construct a building on that land.

(Authority:  20 U.S.C. 7221d(b))

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Cite this article: FindLaw.com - Code of Federal Regulations Title 34. Education § 34.226.21 How may charter schools use these funds? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-34-education/cfr-sect-34-226-21/

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