StacksVerified U.S. regulatory reference

34 CFR §225.20

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)A grantee may draw down funds after it has signed a performance agreement acceptable to the Department of Education and the grantee.
  2. (b)A grantee may draw down and spend a limited amount of funds prior to reaching an acceptable performance agreement provided that the grantee requests to draw down and spend a specific amount of funds and the Department of Education approves the request in writing.