§ 273.35 - Capital outlay or debt retirement.  


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  • § 273.35 Capital outlay or debt retirement.

    In no instance shall contract funds provided under this part be used as payment for capital outlay or debt retirement expenses; except that, such costs are allowable if they are considered to be a part of the full per capita cost of educating eligible Indian students who reside in Federal boarding facilities for the purpose of attending public schools.