34 C.F.R. § 225.20 When may a grantee draw down funds?
Title 34 - Education
(a) A grantee may draw down funds after it has signed a performance agreement acceptable to the Department of Education and the grantee. (b) A grantee may draw down and spend a limited amount of funds prior to reaching an acceptable performance agreement provided that the grantee requests to draw down and spend a specific amount of funds and the Department of Education approves the request in writing. (Authority: 20 U.S.C. 7223d)
Title 34: Education
PART 225—CREDIT ENHANCEMENT FOR CHARTER SCHOOL FACILITIES PROGRAM
Subpart C—What Conditions Must Be Met by a Grantee?
§ 225.20 When may a grantee draw down funds?
