Sec. 104. Use of funds
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/bill/114/hr/2882/ih/section-104A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each eligible entity that receives a grant under this title shall use the grant funds to— implement the pipeline services, as described in the application under section 103; and continuously evaluate the success of the program and improve the program based on data and outcomes. Each eligible entity that receives a grant under this title— shall, in the 3rd year of the grant and each subsequent year, including each year of a renewal grant, use not less than 80 percent of grant funds to carry out the activities described in subsection (a)(1); if it includes an institution of higher education, shall ensure that the institution limits the overhead rate charged by the institution (to cover costs for items such as administration, insurance, and taxes) to not more than 20 percent.