What are the characteristics of an endowment challenge grant?

  1. Law
  2. CFR 34
  3. Education
  4. Regulations of the Offices of the Department of Education
  5. Office of Postsecondary Education, Department of Education
  6. Endowment Challenge Grant Program
  7. What Type of Grant Does the Secretary Award Under the Endowment Challenge Grant Program?
  8. What are the characteristics of an endowment challenge grant?

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§ 628.10 What are the characteristics of an endowment challenge grant?

Each endowment challenge grant awarded by the Secretary under this part -

(a) Must be matched by the institution receiving the grant with one dollar of non-Federal funds for every two dollars of Federal grant funds;

(b) Must be invested by the institution; and

(c) Must have a duration of 20 years.

(Authority: 20 U.S.C. 1065)

[58 FR 11163, Feb. 23, 1993]


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