[Code of Federal Regulations]

[Title 34, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 34CFR607.30]



[Page 243]

 

                           TITLE 34--EDUCATION

 

 CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION

 

PART 607_STRENGTHENING INSTITUTIONS PROGRAM--Table of Contents

 

             Subpart D_What Conditions Must a Grantee Meet?

 

Sec. 607.30  What are allowable costs and what are the limitations on 

allowable costs?





    (a) Allowable costs. Except as provided in paragraphs (b) and (c) of 

this section, a grantee may expend grant funds for activities that are 

related to carrying out the allowable activities included in its 

approved application.

    (b) Supplement and not supplant. Grant funds shall be used so that 

they supplement and, to the extent practical, increase the funds that 

would otherwise be available for the activities to be carried out under 

the grant and in no case supplant those funds.

    (c) Limitations on allowable costs. A grantee may not use an 

indirect cost rate to determine allowable costs under its grant.



(Authority: 20 U.S.C. 1057-1059 and 1066)