[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: 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]



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