25 C.F.R. § 273.35 Capital outlay or debt retirement.
Title 25 - Indians
In no instance shall contract funds provided under this part be used as payment for capital outlay or debt retirement expenses; except that, such costs are allowable if they are considered to be a part of the full per capita cost of educating eligible Indian students who reside in Federal boarding facilities for the purpose of attending public schools.
Title 25: Indians
PART 273—EDUCATION CONTRACTS UNDER JOHNSON-O'MALLEY ACT
Subpart C—Funding Provisions
§ 273.35 Capital outlay or debt retirement.