20 USC 1139e: Disbursement of funds
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20 USC 1139e: Disbursement of funds Text contains those laws in effect on January 23, 2000
From Title 20-EDUCATIONCHAPTER 28-HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCESUBCHAPTER VII-GRADUATE AND POSTSECONDARY IMPROVEMENT PROGRAMSPart C-Urban Community Service

§1139e. Disbursement of funds

(a) Multiyear availability

Subject to the availability of appropriations, grants under this part may be made on a multiyear basis, except that no institution, individually or as a participant in a consortium of such institutions, may receive such a grant for more than 5 years.

(b) Equitable geographic distribution

The Secretary shall award grants under this part in a manner that achieves an equitable geographic distribution of such grants.

(c) Matching requirement

An applicant under this part and the local governments associated with the application shall contribute to the conduct of the program supported by the grant an amount from non-Federal funds equal to at least one-fourth of the amount of the grant, which contribution may be in cash or in kind.

(Pub. L. 89–329, title VII, §756, as added Pub. L. 105–244, title VII, §701, Oct. 7, 1998, 112 Stat. 1800 .)

Prior Provisions

Provisions similar to this section were contained in section 1136e of this title, prior to repeal by Pub. L. 105–244.

A prior section 756 of Pub. L. 89–329 was classified to section 1132f–5 of this title, prior to repeal by Pub. L. 104–208.