§ 677.1. Calculations.
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/us/cfr/t34/s§ 677.1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purpose of calculating allocations under section 314(a)(2)(A)(iii) of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (division M of Pub. L. 116-260, December 27, 2020), an institution that has a total endowment of less than \$1,000,000, including an institution that does not have an endowment, will be treated by the Secretary as having a total endowment of \$1,000,000.
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§ 677.1
Calculations.
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