Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 34 - Education |
Subtitle B - Regulations of the Offices of the Department of Education |
Chapter IV - Office of Career, Technical, and Adult Education, Department of Education |
Part 403 - State Vocational and Applied Technology Education Program |
Subpart G - What Financial Conditions Must Be Met by a State? |
§ 403.182 - What is the maintenance of fiscal effort requirement?
Latest version.
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§ 403.182 What is the maintenance of fiscal effort requirement?
The Secretary may not make a payment under the Act to a State for any fiscal year unless the Secretary determines that the fiscal effort per student, or the aggregate expenditures of that State, from State sources, for vocational education for the fiscal year (or program year) preceding the fiscal year (or program year) for which the determination is made, at least equaled its effort or expenditures for vocational education for the second preceding fiscal year (or program year).