Okla. Stat. tit. 70, § 70-2264: Supplemental funding contracts

The State Board shall contract with the State Regents for the

administration of the amount of funds set aside for supplementing

the funding of postsecondary programs, and the State Regents shall

assume responsibility under terms of the contract to allocate the

funds for supplemental support of bona fide programs consistent with

federal laws and regulations and shall be accountable for

expenditure of the funds accordingly, provided that the State Board

will include in the supplemental funding contract with the State

Regents an amount of funds to underwrite the costs of one or more

professional positions on the staff of the State Regents for the

purpose of working with institutions in the promotion and

development of technical and occupational education, and provided

that the contract should be negotiated early in the spring of the

year to allow for the planning and budgeting for best use of the

funds by various institutions receiving supplemental allocations.