34 C.F.R. Subpart B—What Type of Grant Does the Secretary Award Under the Endowment Challenge Grant Program?
Title 34 - Education
Each endowment challenge grant awarded by the Secretary under this part— (a) Must be matched by the institution receiving the grant with one dollar of non-Federal funds for every two dollars of Federal grant funds; (b) Must be invested by the institution; and (c) Must have a duration of 20 years. (Authority: 20 U.S.C. 1065) [58 FR 11163, Feb. 23, 1993]
Title 34: Education
PART 628—ENDOWMENT CHALLENGE GRANT PROGRAM
Subpart B—What Type of Grant Does the Secretary Award Under the Endowment Challenge Grant Program?
§ 628.10 What are the characteristics of an endowment challenge grant?