{"data":{"id":"us/34-cfr-225.20","jurisdiction":"us","citation":"34 CFR 225.20","heading":"When may a grantee draw down funds?","body":"(a) A grantee may draw down funds after it has signed a performance agreement acceptable to the Department of Education and the grantee.\n(b) A grantee may draw down and spend a limited amount of funds prior to reaching an acceptable performance agreement provided that the grantee requests to draw down and spend a specific amount of funds and the Department of Education approves the request in writing.","path":["Title 34—Education","Subtitle B—Regulations of the Offices of the Department of Education","CHAPTER II—OFFICE OF ELEMENTARY AND SECONDARY EDUCATION, DEPARTMENT OF EDUCATION","PART 225—CREDIT ENHANCEMENT FOR CHARTER SCHOOL FACILITIES PROGRAM","Subpart C—What Conditions Must Be Met by a Grantee?"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-34.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:40Z","sha256":"093dfccfa1129fc5833d8ceea1535ae1fe25a92555eb27143c116cd22cf58939","source_id":"us-cfr","stale":true,"prev":"us/34-cfr-225.12","next":"us/34-cfr-225.21"},"notice":"GroundRules: Original legal text. Not legal advice."}