[Code of Federal Regulations]
[Title 34, Volume 3]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 34CFR628.4]

[Page 273]
 
                           TITLE 34--EDUCATION
 
 CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION
 
PART 628_ENDOWMENT CHALLENGE GRANT PROGRAM--Table of Contents
 
                            Subpart A_General
 
Sec. 628.4  What time limitations are placed on grantees applying for 
another grant?

    (a) Except as provided in paragraphs (b) and (c) of this section, an 
institution that has received a grant under this part may apply for 
another grant under this part only after 10 fiscal years have elapsed 
following the fiscal year appropriation from which the institution's 
grant was awarded (base fiscal year).
    (b) An institution that has received a grant under this part may 
apply for another grant under this part after five fiscal years have 
elapsed following the base fiscal year if the appropriation for this 
part exceeds $20 million in any of those five fiscal years.
    (c) If an institution has received a grant under this part and the 
appropriation for this part exceeds $20 million in any of the sixth 
through tenth fiscal years following the base fiscal year, the 
institution may apply for another grant under this part in the fiscal 
year in which the appropriation exceeds $20 million, or any subsequent 
fiscal year.

(Authority: 20 U.S.C. 1065)

[58 FR 11163, Feb. 23, 1993]