Code of Federal Regulations · Section
§ 609.40 — What Are The Matching Requirements?
34 C.F.R. § 609.40
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If an institution receives a grant in excess of $500,000, it must spend non-Federal funds to meet the cost of at least 50 percent of the activities approved in its application.
Authorizing Statute
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Professional or graduate institutions20 U.S.C. § 1063b
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Findings and purposes20 U.S.C. § 1060