{"data":{"id":"us/34-cfr-628.10","jurisdiction":"us","citation":"34 CFR 628.10","heading":"What are the characteristics of an endowment challenge grant?","body":"Each endowment challenge grant awarded by the Secretary under this part—\n(a) Must be matched by the institution receiving the grant with one dollar of non-Federal funds for every two dollars of Federal grant funds;\n(b) Must be invested by the institution; and\n(c) Must have a duration of 20 years.","path":["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 B—What Type of Grant Does the Secretary Award Under the Endowment Challenge Grant Program?"],"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":"c125dcec488dea09da320d4eb2dad5685eafafd3d8238fb53758177c5031c1d6","source_id":"us-cfr","stale":true,"prev":"us/34-cfr-628.6","next":"us/34-cfr-628.20"},"notice":"GroundRules: Original legal text. Not legal advice."}