20 U.S.C. § 3988
Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
- (a)
- (1)The Secretary shall pay, to each applicant having an application approved under section 3987 of this title, the Federal share of the cost of the program described in the application.
- (2)The Federal share for each fiscal year shall be 50 per centum.
- (3)The non-Federal share of payments under this part may be in cash or in kind, fairly evaluated, including plant, equipment, or services.
- (b)Not more than 15 per centum of the funds appropriated under this part in any fiscal year may be paid to applicants in any single State.