Code of Federal Regulations · Section

§ 608.42 — Under What Conditions Does The Secretary Terminate A Grant?

34 C.F.R. § 608.42

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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.

34 C.F.R. § 608.41

Authorizing Statute