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 that is not pervasively sectarian.
     
    
        
            Code of Federal Regulations
        
        (Authority: 
                20 U.S.C. 1070a-22
            )
    
    
        
            Code of Federal Regulations
        
        [65 FR 24760, Apr. 27, 2000. Redesignated at 75 FR 65798, Oct. 26, 2010]