1. LawStack
  2. Title 34 - Education
  3. Subtitle B - Regulations of the Offices of the Department of Education
  4. Chapter VI - Office of Postsecondary Education, Department of Education
  5. Part 658 - Undergraduate International Studies and Foreign Language Program
  6. Subpart E - What Conditions Must Be Met by a Grantee?
  7. 34 CFR § 658.40
34 CFR § 658.40
What are the limitations on allowable costs?
August 2, 2023
CFR

§ 658.40 What are the limitations on allowable costs?

(a) Equipment costs may not exceed five percent of the grant amount; and

(b) No more than ten percent of the total amount of grant funds awarded to a grantee under this part may be used for the activity described in § 658.11(j).

(Authority: 20 U.S.C. 1124)

[74 FR 35074, July 17, 2009]

Next
§ 658.41 What are the cost-sharing requirements?

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