Current through October 31, 2024
Section 662.30 - What are an institution's responsibilities after the award of a grant?(a) An institution to which the Secretary awards a grant under this part is responsible for administering the grant in accordance with the regulations described in § 662.6 .(b) The institution is responsible for processing individual applications for fellowships in accordance with procedures described in § 662.11 .(c) The institution is responsible for disbursing funds in accordance with procedures described in § 662.4 .(d) The Secretary awards the institution an administrative allowance of $100 for each fellowship listed in the grant award document. Authority: 22 U.S.C. 2452(b)(6) , 2454(e)(1)