§ 642.26. How does the Secretary set the amount of a grant?
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/us/cfr/t34/s§ 642.26·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The Secretary sets the amount of a grant on the basis of---
(1)34 CFR 75.232 and 75.233, for a new grant; and
(2)34 CFR 75.253, for the second year of a project period.
(b)The Secretary uses the available funds to set the amount of the grant at the lesser of---
(1)170,000; or
(2)The amount requested by the applicant. \[75 FR 65774, Oct. 26, 2010\]
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