34 C.F.R. § 677.1

Current through October 31, 2024
Section 677.1 - Calculations

For the purpose of calculating allocations under section 314(a)(2)(A)(iii) of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 ( division M of Pub. L. 116-260 , December 27, 2020), an institution that has a total endowment of less than $1,000,000, including an institution that does not have an endowment, will be treated by the Secretary as having a total endowment of $1,000,000.

34 C.F.R. §677.1

86 FR 21195, 4/22/2021