34 CFR 658.40 - What are the limitations on allowable costs?

Regulations last checked for updates: Nov 24, 2024

Title 34 - Education last revised: Nov 15, 2024

View all text of Subpart E [§ 658.40 - § 658.41]

§ 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]

authority: 20 U.S.C. 1124,unless

source: 47 FR 14122, Apr. 1, 1982, unless otherwise noted.

cite as: 34 CFR 658.40