30 CFR 885.13 – What are the maximum grant amounts?
Current as of: 2024 | Check for updates
|
Other versions
(a) You may apply at any time for a grant of any or all of the Title IV funds that are available to you.
Terms Used In 30 CFR 885.13
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(b) We will not award an amount greater than the total funds distributed to your State or Indian tribe in the current annual fund distribution less any previous awards of current year funds, plus any funds distributed to you in previous years but not awarded, plus any unexpended funds recovered from previous grants and made available to you under § 885.19 of this chapter.
(c) Funds for the current fiscal year are available for award after the annual fund distribution described in § 872.13 of this chapter.
(d) Whenever you request it, we will give you information on the amounts and types of funds that are currently available to you.