§ 645.33. How does the Secretary set the amount of a grant?
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/us/cfr/t34/s§ 645.33·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 new grants; and
(2)34 CFR 75.253, for the second and subsequent years of a project period.
(b)If the circumstances described in section 402A(b)(3) of the HEA exist, the Secretary uses the available funds to set the amount of the grant at the lesser of---
(1)\$200,000; or
(2)The amount requested by the applicant. (Authority: 20 U.S.C. 1070a-11) \[60 FR 4748, Jan. 24, 1995, as amended at 75 FR 65787, Oct. 26, 2010\]
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§ 645.33
How does the Secretary set the amount of a grant?
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