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Code of Federal Regulations Title 34. Education § 34.692.112 May a State use the funds it receives from the GAP Program to pay administrative costs?

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

(a) A State that receives an allotment under this subpart may reserve not more than two percent of the funds made available annually for State administrative functions required for administering the partnership and other program activities.

(b) A State must use not less than ninety-eight (98) percent of an allotment under this subpart to make LEAP Grants under GAP.

(Authority:  20 U.S.C. 1070c–3a)

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Cite this article: FindLaw.com - Code of Federal Regulations Title 34. Education § 34.692.112 May a State use the funds it receives from the GAP Program to pay administrative costs? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-34-education/cfr-sect-34-692-112/

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