[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: 34CFR648.5] [Page 331] TITLE 34--EDUCATION CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION PART 648_GRADUATE ASSISTANCE IN AREAS OF NATIONAL NEED--Table of Contents Subpart A_General Sec. 648.5 What is the amount of a grant? (a) The amount of a grant to an academic department may not be less than $100,000 and may not be more than $750,000 in a fiscal year. (b) In any fiscal year, no academic department may receive more than $750,000 as an aggregate total of new and continuing grants. (Authority: 20 U.S.C. 1135)