34 C.F.R. § 403.182 What is the maintenance of fiscal effort requirement?
Title 34 - Education
The Secretary may not make a payment under the Act to a State for any fiscal year unless the Secretary determines that the fiscal effort per student, or the aggregate expenditures of that State, from State sources, for vocational education for the fiscal year (or program year) preceding the fiscal year (or program year) for which the determination is made, at least equaled its effort or expenditures for vocational education for the second preceding fiscal year (or program year). (Authority: 20 U.S.C. 2463(a))
Title 34: Education
PART 403—STATE VOCATIONAL AND APPLIED TECHNOLOGY EDUCATION PROGRAM
Subpart G—What Financial Conditions Must Be Met by a State?
§ 403.182 What is the maintenance of fiscal effort requirement?
