§ 692.60. What must a State do to receive an allotment under the SLEAP Program?
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/us/cfr/t34/s§ 692.60·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
To receive an allotment under the SLEAP Program, a State must---
(a)Submit an application in accordance with the provisions in § 692.20;
(b)Identify the activities in § 692.71 for which it plans to use the SLEAP Federal and non-Federal funds;
(c)Ensure that the non-Federal funds used as matching funds represent dollars that are in excess of the total dollars that a State spent for need-based grants, scholarships, and work-study assistance for fiscal year 1999, including the State funds reported as part of its LEAP Program;
(d)Provide an assurance that for the fiscal year prior to the fiscal year for which the State is requesting Federal funds, the amount the State expended from non-Federal sources per student, or the aggregate amount the State expended, for all the authorized activities in § 692.71 will be no less than the amount the State expended from non-Federal sources per student, or in the aggregate, for those activities for the second fiscal year prior to the fiscal year for which the State is requesting Federal funds; and
(e)Ensure that the Federal share will not exceed one-third of the total funds expended under the SLEAP Program. (Authority: 20 U.S.C. 1070c-3a) \[65 FR 65608, Nov. 1, 2000, as amended at 66 FR 34039, June 26, 2001\]
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§ 692.60
What must a State do to receive an allotment under the SLEAP Program?
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