Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 34 - Education |
Subtitle B - Regulations of the Offices of the Department of Education |
Chapter VI - Office of Postsecondary Education, Department of Education |
Part 694 - Gaining Early Awareness and Readiness for Undergraduate Programs (Gear up) |
§ 694.12 - Under what conditions do State and Partnership GEAR UP grantees make section 404E scholarship awards?
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§ 694.12 Under what conditions do State and Partnership GEAR UP grantees make section 404E scholarship awards?
(a)
(b)
(1) Section 404E scholarship awards for grantees whose initial GEAR UP grant awards were made prior to August 14, 2008. A State or Partnership grantee making section 404E scholarship awards using funds from GEAR UP grant awards that were made prior to August 14, 2008, must provide such scholarship awards in accordance with the requirements of § 694.13 unless it elects to provide the scholarships in accordance with the requirements of § 694.14 pursuant to paragraph (b)(2) of this section.
(2) Election to use § 694.14 requirements. A State or Partnership grantee making section 404E scholarship awards using funds from GEAR UP grant awards that were made prior to August 14, 2008, may provide such scholarship awards in accordance with the requirements of § 694.14 (rather than the requirements of § 694.13) provided that the grantee -
(i) Informs the Secretary, in writing, of its election to make the section 404E scholarship awards in accordance with the requirements of § 694.14; and
(ii) Such election does not decrease the amount of the scholarship promised to any individual student under the grant.
(c) Section 404E scholarship awards for grantees whose initial GEAR UP grant awards were made on or after August 14, 2008. A State or Partnership grantee making section 404E scholarship awards using funds from GEAR UP grant awards that were made on or after August 14, 2008, must provide such scholarship awards in accordance with the requirements of § 694.14.
[75 FR 65799, Oct. 26, 2010]