§ 304.20 - What are the requirements for directing grant funds?

Latest version.

(a) The Secretary, as appropriate, identifies in a notice published in the Federal Register, the percentage (up to 75 percent) of a total award under the program that must be used to support scholarships as defined in § 304.3.

(b) The Secretary may award a grant that uses a percentage for scholarships, as determined by the Secretary, that is lower than that published under paragraph (a) of this section in exceptional circumstances if the Secretary determines that such an exception is necessary to achieve the purposes of the program.

                    
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