34 C.F.R. Subpart E—What Conditions Must Be Met by a Grantee?
Title 34 - Education
Equipment costs may not exceed five percent of the grant amount. (Authority: 20 U.S.C. 1124) (a) The grantee's share may be derived from cash contributions from private sector corporations or foundations in the amount of one-third of the total cost of the project. (b) The grantee's share may be derived from cash or in-kind contributions from institutional and noninstitutional funds, including State and private sector corporation or foundation contributions, equal to one-half of the total cost of the project. (c) In-kind contributions means property or services that benefit a grant-supported project or program and that are contributed by non-Federal third parties without charge to the grantee. (d) The Secretary may waive or reduce the required non-Federal share for institutions that— (1) Are eligible to receive assistance under part A or B of title III or under title V of the Higher Education Act of 1965, as amended; and (2) Have submitted a grant application under this part. (Authority: 20 U.S.C. 1124 and 3474; OMB Circular A–110) [58 FR 32577, June 10, 1993, as amended at 64 FR 7740, Feb. 16, 1999]
Title 34: Education
PART 658—UNDERGRADUATE INTERNATIONAL STUDIES AND FOREIGN LANGUAGE PROGRAM
Subpart E—What Conditions Must Be Met by a Grantee?
§ 658.40 What are the limitations on allowable costs?
§ 658.41 What are the cost-sharing requirements?
