KRS 164.288: Power of state postsecondary education institutions to accept federal aid.

Any of the state postsecondary educational institutions or the state on behalf of any of the

institutions may accept federal aid in the form of services, equipment, supplies, materials,

or funds by way of gift, grant, or loan for the purpose of higher educ ation, including

student loans. Any of the institutions acting through its president or its governing board is

hereby authorized to receive such services, equipment, supplies, materials, and funds as

are available. The institutions are authorized to use funds appropriated to them in carrying

out the matching provisions required by federal programs, loans, or grants.