If the applicant cannot be paid in full in any given fiscal year, then the matching funds shall be paid in later years until fully funded.

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Terms Used In Nebraska Statutes 81-12,189

  • Applicant: means a postsecondary institution having a college of medicine located in the State of Nebraska. See Nebraska Statutes 81-12,170
  • 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.
  • Matching funds: means the funds provided toward investment at a project by the State of Nebraska pursuant to section Nebraska Statutes 81-12,175