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CFR > Title 34 - Education > SUBTITLE B—Regulations of the Offices of the Department of Education > CHAPTER II—OFFICE OF ELEMENTARY AND SECONDARY EDUCATION, DEPARTMENT OF EDUCATION (parts 200 to 299) > PART 280—MAGNET SCHOOLS ASSISTANCE PROGRAM > SUBPART E—What Conditions Must Be Met by a Grantee? (§280.40 to §280.41) > 280.41—What are the limitations on allowable costs?

CFR

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.

Code of Federal Regulations

(Authority: 20 U.S.C. 7231g, 7231h(b) )

Code of Federal Regulations

[60 FR 14866, Mar. 20, 1995, as amended at 69 FR 4997, Feb. 2, 2004]
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