§ 694.10 What are the requirements that a Partnership must meet in designating a fiscal agent for its project under this program?
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
Although any member of a Partnership may organize the project, a Partnership must designate as the fiscal agent for its project under GEAR UP—
(a) A local educational agency; or
(b) An institution of higher education.
(Authority: 20 U.S.C. 1070a-22)
[65 FR 24760, Apr. 27, 2000. Redesignated at 75 FR 65798, Oct. 26, 2010; 85 FR 49828, Aug. 14, 2020]
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