Sec. 303. Grant uses
229 words·~1 min read·
/bill/117/hr/9079/ih/section-303·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A State shall use grant funds awarded under this title to award subgrants to eligible students for emergency aid. In awarding subgrants under this subsection, a State may award a contract to a scholarship-granting organization for purposes of— accepting applications from eligible students; and disbursing subgrant funds to eligible students. To be eligible for a subgrant under this title, an eligible student shall submit to the State an application in such form, at such time, and containing such information as the State determines appropriate. If an application for an emergency aid subgrant submitted by an eligible student under subparagraph
(A)is denied by the State, such student may appeal such denial in a manner to be determined by the State. Upon receipt of an application from an eligible student under paragraph (2), the State shall notify such student of such receipt in a manner to be determined by the State. With respect to an academic year, a subgrant awarded to an eligible student that does not have a dependent may not exceed $1,500. With respect to an academic year, a subgrant awarded to an eligible student with a dependent may not exceed $2,500. A State shall disburse funds to eligible students in a timely manner, as determined by the State. A subgrant under this title may not be considered income for purposes of the Internal Revenue Code of 1986.