GroundRules
34 CFR 628.47: What shall a grantee record and report?
Where this section sits in the code
- Title 34—Education
- Subtitle B—Regulations of the Offices of the Department of Education
- CHAPTER VI—OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION
- PART 628—ENDOWMENT CHALLENGE GRANT PROGRAM
- Subpart E—What Conditions Must a Grantee Meet Under the Endowment Challenge Grant Program?
A grantee shall—
(a) Keep records of—
(1) The source, kind and amount of matching funds;
(2) The type and amount of investments of the endowment fund;
(3) The amount of endowment fund income; and
(4) The amount and purpose of expenditures of endowment fund income;
(b) Retain each year's records for a minimum of five years after the grant period ends;
(c) Allow the Secretary access to information that the Secretary judges necessary to audit or examine the records required in paragraph (a) of this section;
(d) Carry out the audit required in 2 CFR part 200, subpart F;
(e) Comply with the reporting requirements in 2 CFR 200.512; and
(f) Submit reports on a timely basis that are requested by the Secretary.
Collected 2026-08-27T02:25:40Z. Source file · JSON