34 C.F.R. · Education
34 C.F.R. § 280.41

What are the limitations on allowable costs?

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34 C.F.R. § 280.41 — What are the limitations on allowable costs?

§ 280.41 What are the limitations on allowable costs? An LEA or consortium of LEAs that receives assistance under this part may not— (a) Expend for planning more than 50 percent of the funds received for the first fiscal year, and 15 percent of the funds received for the second or the third fiscal year; (b) Use funds for transportation; or (c) Use funds for any activity that does not augment academic improvement. (Authority: 20 U.S.C. 7231g, 7231h(b)) [60 FR 14866, Mar. 20, 1995, as amended at 69 FR 4997, Feb. 2, 2004]

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34 C.F.R. § 280.41
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The regulatory text of 34 C.F.R. § 280.41 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 34 34 C.F.R. § 280.41