The Secretary terminates any grant under which funds were not expended if an institution loses—
(a) Its accredited status; or
(b) Its legal authority in the State in which it is located—
(1) To be a junior or community college; or
(2) To provide an educational program for which it awards a bachelor's degree.
(Authority: 20 U.S.C. 1063a)
authority: 20 U.S.C. 1060 through 1063c, and 1068 through 1068h, unless otherwise noted
source: 58 FR 38713, July 20, 1993, unless otherwise noted.
cite as: 34 CFR 608.42