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 646 - Student Support Services Program |
Subpart C - How Does the Secretary Make a Grant? |
§ 646.23 - How does the Secretary set the amount of a grant?
Latest version.
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§ 646.23 How does the Secretary set the amount of a grant?
(a) The Secretary sets the amount of a grant on the basis of -
(1) 34 CFR 75.232 and 75.233, for new grants; and
(2) 34 CFR 75.253, for the second and subsequent years of a project period.
(b) If the circumstances described in section 402A(b)(3) of the HEA exist, the Secretary uses the available funds to set the amount of the grant at the lesser of -
(1) $200,000; or
(2) The amount requested by the applicant.
[61 FR 38537, July 24, 1996, as amended at 75 FR 65792, Oct. 26, 2010]