34 C.F.R. § 280.41 What are the limitations on allowable costs?
Title 34 - Education
An LEA or consortium of LEAs that receives assistance under this part may not— (a) Expend for planning more than 50 percent of the funds received for the first fiscal year, and 15 percent of the funds received for the second or the third fiscal year; (b) Use funds for transportation; or (c) Use funds for any activity that does not augment academic improvement. (Authority: 20 U.S.C. 7231g, 7231h(b)) [60 FR 14866, Mar. 20, 1995, as amended at 69 FR 4997, Feb. 2, 2004]
Title 34: Education
PART 280—MAGNET SCHOOLS ASSISTANCE PROGRAM
Subpart E—What Conditions Must Be Met by a Grantee?
§ 280.41 What are the limitations on allowable costs?
